Raleigh Rebuild Lyceum
Standards & Definitions

What Qualifies as Affordable Housing

Clear definitions of affordable housing standards and qualifications

Definition

Affordable housing is generally defined as housing that costs no more than 30% of a household's gross monthly income. When housing costs exceed this threshold, households are considered cost-burdened and may have difficulty meeting other basic needs.

This is an educational and informational resource.

Income Level Definitions

  • Extremely Low Income:Households earning 30% or less of Area Median Income
  • Very Low Income:Households earning 50% or less of Area Median Income
  • Low Income:Households earning 80% or less of Area Median Income
  • Workforce Housing:Households earning 60-120% of Area Median Income

Program Qualifications

Affordable housing programs may have specific eligibility requirements based on income limits, household size, residency requirements, and other factors. Understanding these qualifications helps clarify which programs may be available to specific households.