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The use of proportion in affordable housing developments varies depending on various factors such as location, government policies, available funding, and the target population. In general, affordable housing developments aim to provide housing to low- and moderate-income individuals and families who cannot afford market-rate housing. The use of proportion, in this case, refers to the allocation of units in a development to different income groups.
In some affordable housing developments, a certain percentage of units are set aside for households earning less than a certain income level, typically 60% of the area median income (AMI). For example, a development may require that 30% of its units be affordable to households earning up to 60% of the AMI, 20% affordable to households earning up to 80% of the AMI and the remaining 50% affordable to households earning up to 120% of the AMI. This approach ensures that the development serves a mix of income levels and promotes economic diversity.
In other developments, the proportion of affordable units may be higher, with 100% of the units reserved for low-income households. These developments may be funded entirely by government programs or by non-profit organizations. Inclusionary zoning policies in some cities require developers of market-rate housing to include a certain percentage of affordable units in their projects.
Overall, the use of proportion in affordable housing developments is intended to create more economically diverse communities and provide housing options for individuals and families with low to moderate incomes.
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