Housing is generally the largest component of a household budget. Housing is considered “affordable” if housing costs take up no more than 30% of a household’s income. Households paying more than 30% of their incomes for housing costs are considered cost-burdened, which can lead to instability and increase the risk of homelessness. These households often need to make tough choices, cutting back on other essential household expenses such as food and health care to make ends meet.
When affordable housing is not available close to jobs and services, many residents will choose to live some distance away from their jobs to reduce housing costs. This increases transportation costs, commuting time, and the risk of getting to work late or missing days of work. Businesses strongly consider workforce issues when deciding where to locate, and look for adequate affordable housing as part of that decision. A range of housing options that provide choice, affordability and accessibility supports community health and prosperity.
This booklet presents two alternatives to new development to provide affordable housing: Homesharing and Accessory Dwelling Units (ADUs). Both approaches can improve affordability for the Homeprovider and for the Homesharer or renter, while fitting into existing neighborhoods without changing their character.
Homesharing and Accessory Dwelling Unit Resource Guide