What you might be asking yourself is, what is affordable housing?
And what are some ways to make it affordable?
Here are some things you should know about it, and some of the ways to help make it happen.
How does it work?
The housing needs of the average household in Washington state are about $80,000, according to the American Housing Survey, and about $90,000 for a family of four.
For a person of color, the median household income is about $35,000.
Here are the kinds of households that are covered by affordable housing, according the census data:People with household incomes of $70,000 to $80.000 in 2016 and 2017, and $80 to $90 million in 2018.
People with incomes of less than $30,000 in 2018, and a household size of 1.5 to 2.5.
A person with a household income of $30 to $40,000 and a family size of 2 to 3.5 in 2018 and 2019.
A family with household income between $30 and $40 million in 2019.
A person with household gross annual income between about $40 and $50 million in 2020.
A household income less than that of $50,000 a year.
A couple making less than about $50 per month.
In 2018, an average of 30 percent of Washington households had incomes of at least $60,000; the median income in the metro area was about $53,400.
For a family with a total income of at or below $30 million in 2021, about 11 percent of households had household incomes below $50.
In 2019, about 17 percent of the households had income between that threshold and $70 million.
For families with incomes above that threshold, about 10 percent of those households had at least that much income.
How do you qualify?
In 2018 and 2021, people who had incomes between the $30-40 million level in 2020 and more than $70-75 million in 2022 were considered affordable.
The minimum income threshold for affordable housing was about half the federal poverty level for a two-parent family of three.
For most families, this threshold is about half of the poverty level.
The affordability threshold for all other households was about 30 percent the federal income threshold.
The threshold for the middle class is about 20 percent of median household incomes.
The median household annual income in 2018 was about 3,500 to 4,300.
The average annual income for families with a full-time work week was about 2,000 dollars.
The middle class was the group with the lowest income, and the wealthiest.
The lowest income group of households in 2021 was the lowest-income group of people in the entire metropolitan area.
In 2021, the lowest percentage of people had household income above $50 in any year was about 10.5 percent.
For people who made less than or equal to the median annual income, the middle-class threshold was about 25 percent.
In 2019, that was 12.5 percentage points.
In 2020, people with incomes between that income level and the median threshold had the most affordable housing.
For the lowest incomes, the gap was about 28 percentage points, according a report from the Washington Institute for Near-Home Analytics.
How much does it cost?
For most Washington residents, a new house is about 30 cents to $35 a square foot.
For low-income households, the average price for a new home was $130,000 (in 2018).
For the median, it was $240,000 ($200,000 if you don’t include utilities).
In 2018 the average house price was $200,700 ($200 per square foot if you exclude utilities).
For the average family making between $40 to $60 million in the state in 2020, the price of a new family home was about 33 percent more than in 2021.
For the median family making more than that in 2020: The price was 25 percent more.
How did it start?
It’s been a long time coming, and Washington state has been at the forefront of the fight to expand affordable housing access.
The first affordable housing project was built in 1970, and it was built to accommodate a population that was nearly twice as large as today’s.
But the state still has not fully implemented its policies for affordable homes.
In 2017, Gov.
Jay Inslee announced plans to expand the state’s affordable housing program, including providing housing vouchers and subsidies.
That effort was halted in 2018 when Inslee’s administration said the cost of the vouchers would be too high.
He reversed his decision a few months later, when he announced his budget.
A new affordable housing site in the city of Yakima.
A housing voucher and subsidy program is now under way for families making up to $45,000 per year in 2018 or more.
More than 1,100 vouchers are now available for people making up $50 to $75,000 each, and nearly 100,000 vouchers are available for families earning more than about the median incomes.