WHAT'S AFFORDABLE HOUSING EXACTLY?
WHAT'S AFFORDABLE HOUSING EXACTLY?
Based on evidence
Based on evidence
Our rents are based on CMHC statistics, rents in our area, and which are no more than 30% of gross household income. There are two infographics which explains how we approach affordable housing in The County.
20% median rent
20% median rent
This calculation ensures that rents are low end of market.
30% of gross household income
Tenants who spend no more than 30% of their gross household income on occupancy costs ensures housing security and other social determinants of health.