Percentage of the housing units projected to be constructed or preserved as a result of investments made by the organization during the reporting period that are considered affordable housing.
Percent Affordable Housing (PD5833)
Calculation:
- Reporting Format Decimal
- Metric Type Metric
- Metric Level Product/Service, Organization
- IRIS Metric Citation IRIS, 2021. Producer Price Premium (PI1568). v5.2.
Footnote
Organizations should footnote the assumptions used in defining affordable housing. See usage guidance for further information.
Usage Guidance
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This metric is intended to capture the percentage of housing units created or preserved as a result of an organization's investments that are affordable housing, in both single- and multi-family buildings.
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Affordable housing has associated financial costs for occupants at a level that does not threaten or compromise their enjoyment of other human rights and basic needs and that represents a reasonable proportion of an individual's overall income.
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Organizations should footnote their assumptions in defining affordable housing. In the United States, the Department of Housing and Urban Development defines affordable housing (http://portal.hud.gov/hudportal/HUD?src=/program_offices/comm_planning/affordable housing/) as that for which the occupant or occupants pays or pay no more than 30% of their income for gross housing costs, including utilities.
Impact Categories & Themes
SDG Goals & Targets
Sustainable Cities and Communities
- SDG Target 11.1