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  2. Raleigh mayor candidate Eugene Myrick answers our questions - AOL

    www.aol.com/news/raleigh-mayor-candidate-eugene...

    Redefine Affordability: Shift from using Area Median Income (AMI) to Neighborhood Median Income (NMI) to better align affordability metrics with the actual needs of our communities.

  3. Section 8 (housing) - Wikipedia

    en.wikipedia.org/wiki/Section_8_(housing)

    Section 8 (housing) Section 8 of the Housing Act of 1937 (42 U.S.C. § 1437f), commonly known as Section 8, provides rental housing assistance to low-income households in the United States by paying private landlords on behalf of these tenants. Approximately 68% of this assistance benefits seniors, children, and individuals with disabilities. [1]

  4. Affordable housing - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing

    The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...

  5. Subsidized housing - Wikipedia

    en.wikipedia.org/wiki/Subsidized_housing

    e. Subsidized housing is government sponsored economic assistance aimed towards alleviating housing costs and expenses for impoverished people with low to moderate incomes. In the United States, subsidized housing is often called "affordable housing". Forms of subsidies include direct housing subsidies, non-profit housing, public housing, rent ...

  6. What percentage of your income should go to a mortgage? - AOL

    www.aol.com/finance/percentage-income-mortgage...

    The traditional rule of thumb is that no more than 28 percent of your monthly gross income or 25 percent of your net income should go to your mortgage payment. ... income and today’s housing market.

  7. 13 Cities Where You’ll Spend the Majority of Your Income on ...

    www.aol.com/finance/13-cities-where-ll-spend...

    In fact, according to a study by CardRates.com, 76% of Americans ages 18 to 43 spend more than 31% of their monthly income on housing. The study also found that 53% of Americans spend more than ...

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