Changing the way Area Median Income is calculated would be as helpful in addressing our housing crisis as measuring building heights in meters instead of feet.
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If the area includes diff geographies, 80% AMI is a diff income level. Sure this could be the same as just using 60 or 70, and doesn't change construction costs, I think it's worth it for the sake of changing the reference point.
Well AMI is just a descriptor. Call it 80% of AMI or 100% AMI - it makes zero difference in the financing or ultimately the rent. So it doesn’t make housing more or less affordable or change who lives in it like…at all
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But if your point is about comms/narrative and highlighting the real cost of subsidized units I don’t think we should be using “AMI” at all and should just go straight to talking abt rent
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