As area median income rises, what is the impact for residents seeking affordable housing?

From: PublicSource


How do rising incomes in Allegheny County impact affordable housing?

It’s not exactly clear unless you know that benchmarks for affordable housing rents and eligibility are based not on local residents’ needs, but on the overall wealth of the region.

Known as area median income [AMI], the benchmark is revised each year by the U.S. Department of Housing and Urban Development. AMI is the midpoint of all the incomes in the region — if all of the household incomes in the county are listed from least to greatest, the AMI would be the value in the middle of that list.

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