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Affordable housing is a type of residential property that is designed to provide housing for people with low to moderate incomes. It is typically provided by government-sponsored programs, such as public housing, rent subsidies, and tax credits. Affordable housing is often located in areas with high concentrations of poverty, and is designed to provide safe and secure housing for those who may not be able to afford market-rate housing.
Affordable housing is typically designed to meet the needs of the local community, and may include features such as energy-efficient appliances, accessible design, and community amenities. It is often managed by non-profit organizations or government agencies, and is subject to regulations that ensure it is maintained in a safe and secure manner.
Some companies in the affordable housing market include Habitat for Humanity, Enterprise Community Partners, and the National Low Income Housing Coalition. Show Less Read more