YIMBY of Northern Nevada: Difference between revisions

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* We use HUD's definition of workforce housing as attainable for households earning between 80% ($58,800) and 120% ($88,200) of AMI with total housing costs not exceeding 30% of gross income. <br />
 
* We also use HUD's definition of affordable housing as attainable for households below 80% of AMI ($8858,200800). <br />
 
* It is important to understand public subsidies such as the Low-Income Housing Tax Credit (LIHTC) are only available to households with less than 60% of AMI ($44,100). <br />