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Deb Libby is running out of time to find a place to live. Libby, 56, moved to Worcester, Massachusetts, four years ago, in part to be closer to the doctors treating her for pancreatic cancer.
The goal of the Affordable Housing Law (Chapter 40B) is to make at least 10% of every Massachusetts's community's housing stock affordable for moderate income households. As of June 30, 2011, 39 communities had met that goal. Details are available on the Department of Housing and Community Development (DHCD) Subsidized Housing Inventory.
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In the United States [17] and Canada, [18] a commonly accepted guideline for housing affordability is a housing cost, including utilities, that does not exceed 30% of a household's gross income. [19] Some definitions include maintenance costs as part of housing costs. [20]
Built in 1936 by the Federal Public Works Administration (PWA) as one of 50 slum clearance and low income housing projects being constructed nationwide. Construction cost $6,000,000, and opened on May 1, 1938. The Old Harbor Village was the first public housing development in New England and it remains one of the largest.
A home is only affordable once all the monthly costs (mortgage, energy, utilities, maintenance, etc.) are fully accounted for. ... This is a glaring blind spot when it comes to buying a home ...
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