I’m a little confused. I’m on a email list to get affordable housing opportunities in Boston. Here’s a link to one. Notice this bit:
1. Up to 80% of Median Income
Maximum Household Income: $48,050.00 for one person $54,900.00 for two people $61,800.00 for three people $68,650.00 for four people Two Bedrooms: 1 Unit Price: $1,545/mo.
Affordable housing is defined to be housing that costs at most 30% of your income which means two people would have to earn $51,500 for this two bedroom to be considered affordable. Not a lot of leeway is there (and the 30% is supposed to include all costs that go with housing not just the rent)?
Petunias 