City of Chamblee RENEWAL Form

Instructions and help about City Of Chamblee RENEWAL

ratio then we broke down the here within uh shambley households in that and then we showed you what the affordability bands are for those income ranges so you can understand when we start talking about what's affordable to a household of 30 of ami which earns about twenty three thousand three hundred dollars there are about eighteen hundred of those households here in the city they can afford up to about five hundred and eighty three dollars a month in rent based on cost burdening if you understand that concept or they could purchase up to 90 000 going through an fha loan so obviously those are more modest numbers and the higher the income the more their ability to pay is but we want to make sure they add an understanding as you look through all this analysis and i'm sure you're going to spend countless hours reviewing it to make sure that you're up to speed um what we talk about so some of the big things that we learned number one is affordability is a big problem okay what you're loo