Sectors of Focus

  • Housing/ Community Development

Investment Lens

  • Poverty Level
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Percent Affordable Housing (PD5833)

Percentage of housing units projected to be constructed or preserved as a result of expenditures made by the organization during the reporting period that will be considered to be affordable housing.
Calculation:
Reporting format
Decimal
Metric type
Flow
Metric level
Product/Service, Organization
IRIS metric citation
IRIS, 2016. Percent Affordable Housing (PD5833). v4.0.

Footnote

Organizations should footnote the assumptions used when defining affordable housing. See usage guidance for further information.

Usage Guidance

  • This metric is intended to capture the percentage of housing units created or preserved as a result of an organization's expenditures that will be used as affordable housing, relative to all housing units created or preserved as a result of the organization's investment. This metric is intended to capture information for housing units in both single family and multifamily buildings.
  • Affordable housing is housing for which the associated financial costs are at a level that does not threaten or compromise the occupants' enjoyment of other human rights and basic needs and that represents a reasonable proportion of an individual's overall income.
  • Organizations should footnote assumptions for defining affordable housing. In the U.S., the U.S. Department of Housing and Urban Development defines this as housing for which the occupant(s) is/are paying no more than 30% of his or her income for gross housing costs including utilities. More information can be found here: http://portal.hud.gov/hudportal/HUD?src=/program_offices/comm_planning/affordablehousing/