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Affordable housing is housing which is considered and deemed affordable to those with a median household income as rated by the national government or a local government by a recognised housing affordability index.

It should address the housing needs of the lower or middle-income households. Affordable housing becomes a key issue in developing nations where a majority of the population isn’t able to buy houses at the market price.

In a bid to tackle the housing crisis and to assist first time buyers in their home purchase, the Government has taken various steps to support the Construction Industry in building more affordable and better quality homes.

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Affordable Housing

Affordable housing is housing which is considered and deemed affordable to those with a median household income as rated by the national government or a local government by a recognised housing affordability index.

It should address the housing needs of the lower or middle-income households. Affordable housing becomes a key issue in developing nations where a majority of the population isn’t able to buy houses at the market price.

In a bid to tackle the housing crisis and to assist first time buyers in their home purchase, the Government has taken various steps to support the Construction Industry in building more affordable and better quality homes.