WHAT'S AFFORDABLE HOUSING EXACTLY?
WHAT'S AFFORDABLE HOUSING EXACTLY?
Based on evidence
Based on evidence
Our rents are based on CMHC calculations of regional rents and 30% of gross household income ensuring affordability. 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.