Affordable housing remains a dire need across state

By Alan Yonan Jr.

POSTED: 01:30 a.m. HST, Mar 10, 2013

~~<p>Question: Government officials use the terms “affordable housing” and “workforce housing” when describing segments of Hawaii’s housing sector that need to be addressed. What is the difference between the two?</p>
<p>Answer: They are essentially the same thing. “Affordable housing” is a technical term defined by the Department of Housing and Urban Development as housing that costs no more than 30 percent of a household’s monthly income. “Workforce housing” refers to affordable housing for those whose incomes are insufficient to purchase quality housing in reasonable proximity to their workplaces.</p>
~~

Question: Government officials use the terms “affordable housing” and “workforce housing” when describing segments of Hawaii’s housing sector that need to be addressed. What is the difference between the two?

Answer: They are essentially the same thing. “Affordable housing” is a technical term defined by the Department of Housing and Urban Development as housing that costs no more than 30 percent of a household’s monthly income. “Workforce housing” refers to affordable housing for those whose incomes are insufficient to purchase quality housing in reasonable proximity to their workplaces. Login for more...