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In the United States, subsidized housing is often called "affordable housing". Forms of subsidies include direct housing subsidies, non-profit housing, public housing, rent supplements/vouchers, and some forms of co-operative and private sector housing. Increasing access to housing usually contributes to lower poverty rates. [1]
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
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The primary attraction to this type of ownership is the ability to obtain affordable housing in a highly desirable area that typically is beyond economic reach. Additionally, such properties benefit from having restrictions that maintain and enhance value, providing control over blight that plagues some neighborhoods.
Virginia has the sixth highest per capita income of any state in the United States of America, at $23,975 (2000).Its personal per capita income is $33,671 (2003).. Virginia counties and cities by per capita income (2010).
Loudoun County is one of the counties in Virginia that elects to cover their employees in the Virginia Mortgage Assistance Program (VMAP). The program is designed to make housing more affordable for civil service workers in Virginia. [71]
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