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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 ...
In US usage, a loft is an upper room or storey in a building, mainly in a barn, directly under the roof, used for storage (as in most private houses).In this sense it is roughly synonymous with attic, the major difference being that an attic typically constitutes an entire floor of the building, while a loft covers only a few rooms, leaving one or more sides open to the lower floor.
Vertical space optimization is also a common feature of small houses and apartments. An example of this is the use of loft spaces for sleeping and storage. Because of overall height restrictions related to the ability to easily tow a tiny house, it is common for lofts to be between 3.3 ft and 5.5 ft (1.0m and 1.7m) inside height.
Cincinatti, Ohio. Typical home value: $267,200. In terms of this list, the least affordable city for home buyers right now is Cincinnati, Ohio—but you'll still find a great deal.
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The $38 million project, temporarily dubbed Broadway Lofts, is to contain 80 mixed-income apartments and about 6,500 square feet of commercial space for a possible restaurant and small food market.
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