Posts by Carol Sloan

Why is Affordable Housing Essential?

Families and individuals who pay more than 30 percent of their income to housing are considered cost burdened and are likely to experience difficultly budgeting for other necessities like food, clothing, medical care, and transportation. When housing consumes too much of a household’s income, individuals or families can be forced to make difficult trade-offs that can…

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What is Affordable Housing?

Recently, ‘affordable housing’ has been a common topic in the news and on election platforms, but each person and organization seems to interpret its meaning differently. So, how should we define ‘affordable housing’? According to the Canada Mortgage and Housing Corporation, housing is considered affordable when a household spends less than 30 per cent of…

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