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What Is Affordable Housing? Public, Subsidized, and Low-Income Housing Explained

Redfin

Rent prices have also increased dramatically year over year — an average of over 8% since 1980 — and recently increased by 20% in 2021. If you’re looking for an affordable home or just want to learn more, this article is for you. If you’re struggling to afford a home, you’re not alone. What is affordable housing?