Orange County NC Website
Providing Collective Understanding: <br />Types of Affordable Housing <br />Income Restricted <br />Affordable Housing <br />•Intentionally developed <br />as affordable housing, <br />often with public <br />subsidy <br />•Only available to <br />households that meet <br />specific income limits <br /> <br />Naturally Occurring Affordable Housing (NOAH) <br />•Inexpensive market rate housing <br />•~36% of the nation’s rental housing stock <br />•Generally older units <br />•May be of substandard quality