TCC Report Card 2017 - Housing
GOAL: All residents in Calhoun County will have access to safe, permanent, affordable housing
RATIONALE FOR CHOOSING INDICATOR: The U.S. Department of Housing and Urban Development (HUD) defines housing affordability as payment for monthly housing expenses that does not exceed 30% of a household’s monthly gross income (rent or mortgage payment plus insurance and taxes). Households paying more than 50% of their gross monthly income for housing are considered severely cost-burdened.
RATIONALE FOR CHOOSING INDICATOR: The U.S. Department of Housing and Urban Development (HUD) defines housing affordability as payment for monthly housing expenses that does not exceed 30% of a household’s monthly gross income (rent or mortgage payment plus insurance and taxes). Households paying more than 50% of their gross monthly income for housing are considered severely cost-burdened.
Author:
The Coordinating Council (TCC) of Calhoun County
Resource Date:
August, 2017
Resource Type:
Topics:
Resource Address:
The Coordinating Council
140 W. Michigan Ave
Battle Creek, MI 49017
140 W. Michigan Ave
Battle Creek, MI 49017