Social Justice Commons^™

Redefining Affordable Housing In Ma, Maria Fernanda De La Fuente Martinez

Honors Program Theses and Projects

Housing is considered affordable if it costs 30% or less of a household’s income, and “is deed-restricted to income-eligible low- or moderate-income residents” (MAPC, n.d.). According to the Joint Center of Housing Studies (JCHS), as of 2017, 31.5% of all American households were considered cost-burdened by rent, meaning they spent more than 30% of their income on rent. That same year, the percentage of severely cost-burdened households (those who spent over 50% of their income in rent) was 15.2%. This means that almost half of all Americans struggled to pay rent in 2017 (Veal & Spader, 2018).