Advisory Center for Affordable Settlements & Housing

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USA – Affordable Housing Policy

City of Falls Church, Virginia, on their Affordable Housing Policy. It gives the statement of core principles and intents for Affordable Housing Policy of the City of Falls Church’s strategy to address the diverse housing needs of its current and future populations by encouraging and actively supporting a mix of housing types and price levels. The preservation and creation of affordable housing development is an integral part of the City’s overall comprehensive planning process. The scope of the policy encompasses integrating affordable housing into both existing residential neighbourhoods as well as new mixed development designed for residential and commercial use. The policy seeks to provide an adequate stock of affordable housing in proximity to employment, public schools, transportation, and community centres. Moreover, the Policy strives to ensure the housing stock includes some affordable units for sale and for rent that meet social equity goals and legislation, in order to sustain the viability and diversity of our community. The Affordable Housing Policy outlines the City of Falls Church’s strategy to address the diverse housing needs of its current and future populations by encouraging and actively supporting a mix of housing types and price levels. The preservation and creation of affordable housing development is an integral part of the City’s overall comprehensive planning process. The scope of the policy encompasses integrating affordable housing into both existing residential neighborhoods as well as new mixed development designed for residential and commercial use. The policy seeks to provide an adequate stock of affordable housing in proximity to employment, public schools, transportation, and community centers. Moreover, the Policy strives to ensure the housing stock includes some affordable units for sale and for rent that meet social equity goals and legislation, in order to sustain the viability and diversity of our community. Housing is considered to be affordable when the household pays no more than thirty percent (30%) of gross income for all housing costs including utilities. Target income groups for affordable housing are up to eighty percent (80%) of area median income. Target income groups for affordable workforce housing are up to one hundred twenty (120%) of area median income.

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