Area Median Income, or the center of an area’s income distribution (AMI), is an increasingly vital measurement for the affordability of a housing initiative, specifically when they are backed by government programs.
Calculated annually by the Department of Housing and Urban Development, AMI is used to determine several housing related issues, but are disadvantageous to cities such as Philadelphia, with higher distributions of poor residents.
WHYY discusses why AMI can be considered problematic for Philadelphia, and how this solution can be addressed.
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