Attainable Housing Resident Types

Resident Types

Attainable housing supports individuals and families with moderate incomes who do not qualify for traditional affordable housing programs (i.e. Low-Income Housing Tax Credit or LIHTC supported housing) but still face challenges to afford market-rate housing in high-cost communities.

Targeted Housing – Based on Employee Type.

This form of attainable housing seeks to provide housing for specific employee groups.  These groups include, but are not limited to, resort and hospitality staff, higher education or medical center employees, K-12 teachers, public safety personnel including police officers, fire personnel, EMS personnel, social and behavioral health workers, as well as other civil servants.

Targeted Housing – Based on Income Level.

More broadly focused, based on households earning 80%-120% Area Median Income (AMI).

Joint Development.

Developments in which a percentage of the total number of housing units are designated as attainable housing units. This development approach focuses on promoting economic development of revenue generating building projects (i.e. market-rate housing, retail, hospitality, entertainment, commercial buildings, etc.)

Transit Oriented Development (TOD) – 80%-120% AMI Level.

TOD seeks to Promote economic development close to transit hubs. TOD looks to achieve social goals to promote economic growth and encourage residential lifestyles in dense urban settings and promote public transportation utilization.  TIFIA and other government programs are available to encourage TOD growth across the country.

Private Company or Institutional Housing.

These developments are often sponsored by and economically supported by private corporations as opposed to public owners or sponsors. These attainable housing developments assist companies to attract and retain a viable workforce near the sponsoring company’s employment hubs. The housing fills needs for the sponsoring companies such as Amazon and Microsoft or local anchor institutions (e.g., colleges, universities, or medical centers).