Affordable housing is a pressing global challenge, affecting millions of people who struggle to find decent and affordable homes. In this article, we will explore the meaning of affordable housing, its significance in society, and propose an optimal design approach that addresses the unique needs of residents.
What is Affordable Housing?
Affordable housing refers to housing options that are economically attainable for individuals and families with low to moderate incomes. The cost of affordable housing is typically set at a level that allows households to allocate no more than 30% of their income to housing expenses. This affordability threshold aims to prevent housing costs from becoming a burden, allowing individuals to meet other essential needs and enjoy a better quality of life.
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