Calculating Area Median Income ( AMI ) and pricing units at certain percentages of AMI most often determine the income mix of a mixed income housing development.
32.
With rising poverty rates and increased concentration of poverty in inner city neighborhoods in the 1970s and 80s, mixed income housing captured the imagination of federal policy makers.
33.
To meet the goals of mixed income housing-specifically to deconcentrate poverty-a sufficient number of units must be aimed at the higher income population to create a critical mass.
34.
As evidenced by the LIHTC passage, mixed income housing became a popular policy strategy in the 1980s and 90s in an effort to de-concentrate poverty and redevelop urban neighborhoods.
35.
In this way, mixed income housing developments may just be moving problems around a metropolitan area and not actually lifting people out of poverty or offering them more opportunity.
36.
The balance is gross operating surplus ( plus mixed income in the household sector ), which is the surplus or deficit on production activities before interest, rent and income taxes.
37.
In addition to the MTO program, the federal government provided funding to demolish 100, 000 of the nation's worst public housing units and rebuild the projects with mixed income communities.
38.
Architectural and urban design elements can enable or inhibit a feeling of social cohesion, and so carefully choosing design elements that match the goals of mixed income development are key.
39.
Further, many mixed income housing projects that are part of public housing revitalization efforts do not offer a one-to-one replacement rate on the units, causing some public housing residents to be displaced.
40.
Second, when mixed income housing projects are part of public housing revitalization, they do not always offer a one-to-one replacement rate on the units, causing some public housing residents to be displaced.
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