Revision as of 00:58, 25 October 2021

Data

Median house cost - $128k Mayville mo. [1].
South midwest and south east, at $250k around for median price. [2]
Detroit is like 1/3 the average housing cost! [3]
Cost of low rent afforded by the poorest people makes apartment operating cost unsustainable? [4]
Tax credits apply to those whose income is 60% of median [5]
Extremely low income means 30% of median (AMI) [6]
Current standard for affordability: no more than 30% of gross income [7]

KC situation. Affordable is rent only of $700. [8]. If SEH costs $100k, can we do rehnt at $700/month? Link to a guy building affordable homes, 5 per year.
Inclusionary (affordable) zoning - actually increases housing costs? [9]
Essential conflict of interest between big builder profits and affordability? [10]

Habitat does CEO Builds - [11]. May not scale well without Extreme Manufacturing principles

Apartment complex economics. $700/mo. One year at $8.4k. Works with free land and utilities using Radical Waste Treatment.

@@ Line 4: / Line 4: @@
 #Detroit is like 1/3 the average housing cost! [https://www.forbes.com/advisor/mortgages/affordable-cities-for-college-graduates/]
 #Cost of low rent afforded by the poorest people makes apartment operating cost unsustainable? [https://apps.urban.org/features/cost-of-affordable-housing/]
-#Tax credits apply to those whose income is 60% of median [https://apps.urban.org/features/cost-of-affordable-housing/
+#Tax credits apply to those whose income is 60% of median [https://apps.urban.org/features/cost-of-affordable-housing/]
+#Extremely low income means 30% of median (AMI) [https://apps.urban.org/features/cost-of-affordable-housing/]
 #Current standard for affordability: no more than 30% of gross income [https://apps.urban.org/features/cost-of-affordable-housing/]