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Home Housing 101 Online Trainings Core Concepts Defining Affordable Housing

Online Trainings

Core Concepts

Downtown Raleigh, North Carolina, USA Skyline Aerial

1.4 Quiz

29% Your Progress: 29%

Core Concepts
1 Defining Affordable Housing
2 Housing Economics
- 2.1 Overview
- 2.2 Production Obstacles
3 Financing
- 3.1 Financing Housing
4 Housing Solutions
5 Housing Communications
- 5.1 Best Practices
6 Conclusion

Apply Your Knowledge

Take this brief quiz to test your knowledge of basic affordable housing concepts.

1. Who needs housing they can afford? Choose the best answer.

People experiencing severe housing cost burden.

People with low-income jobs.

Everyone.

People experiencing homelessness.

Correct Answer!

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2. Why is it important for people to live in housing they can afford?

So that households can afford to pay for groceries, transportation, and healthcare.

So that households can pay all bills on time to prevent accruing late fees and penalties.

So that households can improve and maintain their well-being.

All of the above.

Correct Answer!

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3. Under federal affordable housing guidelines, a household is cost-burdened when its housing costs exceed what percent of its income?

40%

60%

30%

50%

Correct Answer!

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4. Under federal affordable housing guidelines, a household has a severe cost burden when its housing costs exceed what percent of its income?

40%

60%

30%

50%

Correct Answer!

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5. Housing programs have criteria for determining applicants’ eligibility. One of the criteria is income eligibility. The standard HUD benchmark used for determining income qualifications is ____________.

Area Median Income

Consumer Price Index

Housing Cost Burden

Per Capita Income

Correct Answer!

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