Hawthorne-EcoVillage-Apartments

EXCERPT: “Ask five people in the affordable housing industry for a definition of ‘workforce housing,’ and you’ll get five different answers. One thing they can agree on, however, is a great need. The federal Low-Income Housing Tax Credit (LIHTC) program defines workforce housing as affordable to a family of four earning as much as 60 percent of the area median income, or AMI. Paul Williams, CEO of Minneapolis nonprofit developer Project for Pride in Living, describes it as homes for ‘worker bees.’ ‘These are folks who are out working in our economy,’ Williams said. ‘We desperately need them to be stable and productive, and quality affordable housing, especially along transit lines, is a huge need.'” FULLSTORY: http://bit.ly/2GHAdKo