AffordableHousing Tool Kit-Defining Affordable Housing
At its most basic, a home is a permanent structure that shelters one from the elements and provides a place to sleep and store one’s belongings. It could be a single-family house or an apartment in a multi-family building. Having a safe, decent place to call home is something many people take for granted. It is, however, out of reach for many in Centre County.
Those looking for affordable housing options in Centre County include school bus drivers, nurses, sales clerks, hairdressers, police officers, clergy, and teachers. People with disabilities and those surviving on fixed incomes also need housing. Construction of homeowner and rental housing is needed to fulfill the need, according to the November 2005 Centre County Affordable Housing Needs Assessment.
From a consumer’s point of view, the supply of homes and rental units on the market in Centre County is not fulfilling the demand of all consumers. Actual demand for housing spans the economic scale. In order to satisfy current demand, a variety and supply of homes is needed in Centre County.