A clarification. Affordable housing excludes low income renters. “Affordable” housing denotes middle income, 80% of average, which is well above “low income.” For affordable housing, there is a window with a lower limit to qualify, as well as an upper limit. The range for one person is approximately between 60k and 80k annually. It is NOT the same as “low income” housing. For example, someone making 40k per year wouldn’t qualify for “affordable” because they would be earning too little. So Lincoln might think about creating some low income housing also.
> On Oct 18, 2023, at 10:41 PM, Edward Young via Lincoln > <lincoln@lincolntalk.org> wrote: > > Sara Mattes wrote, in pertinent part: > > "But what is of special note is that the article calls it a crisis for those > seeking SINGLE FAMILY HOMES. > Those are the first examples they offer. > > "And, then the pivot is to apartment developments and condos, with no > equivalent documentation of demand?just the assertion. > It is easy to document the demand for affordable units as there are waging > lists. > On the other hand, we are not documenting demand for market rate, especially > high end units. > It seems there is no discussion as to how to meet the noted demand for single > family homes." > > Exactly...and furthermore: > > The article sloshed around quite a bit as to what kinds of people are looking > for what kinds of housing they desire at a price that is more affordable for > them than currently prevailing prices. > This obviously includes low-income households that would qualify for > "affordable housing" as we use the defined term “affordable housing." > Also, according to the article, average-income households in the Metro Boston > area (with an average household income of $104,000), many of them looking for > single-family houses at less than an average price of approximately $925,000 > nowadays in Milton) but others looking for apartments or condominiums at > prices they believe they can afford. > > And then the article failed to show how proposed developments like the one > for Lincoln would actually help any of those folks, since: > > 90% of the units in Lincoln would not be affordable units for low-income > households, as defined. > There would be no single-family houses. > And how would a statistically average household with income of $104,000 be > able to afford any of the market-rate units? > > Edward Young > Bedford Road > > > > > -- > The LincolnTalk mailing list. > To post, send mail to Lincoln@lincolntalk.org. > Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/. > Change your subscription settings at > https://pairlist9.pair.net/mailman/listinfo/lincoln. > -- The LincolnTalk mailing list. To post, send mail to Lincoln@lincolntalk.org. Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/. Change your subscription settings at https://pairlist9.pair.net/mailman/listinfo/lincoln.
