Percentage of the housing units projected to be constructed or preserved as a result of investments made by the organization during the reporting period that are considered affordable housing.
Percent Affordable Housing (PD5833)
Calculation:
- Reporting Format Decimal
- Metric Type Metric
- Metric Level Product/Service, Organization
- IRIS Metric Citation IRIS, 2021. Producer Price Premium (PI1568). v5.2.
Footnote
Organizations should footnote the assumptions used in defining affordable housing. See usage guidance for further information.
Usage Guidance
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This metric is intended to capture the percentage of housing units created or preserved as a result of an organization's investments that are affordable housing, in both single- and multi-family buildings.
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Affordable housing has associated financial costs for occupants at a level that does not threaten or compromise their enjoyment of other human rights and basic needs and that represents a reasonable proportion of an individual's overall income.
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Organizations should footnote their assumptions in defining affordable housing. In the United States, the Department of Housing and Urban Development defines affordable housing (http://portal.hud.gov/hudportal/HUD?src=/program_offices/comm_planning/affordable housing/) as that for which the occupant or occupants pays or pay no more than 30% of their income for gross housing costs, including utilities.
Impact Categories & Themes
SDG Goals & Targets
Sustainable Cities and Communities
- SDG Target 11.1
Metric History
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June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revisions to definition and usage guidance for clarity.
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May 2021 - IRIS v5.2 Released
Immaterial change. Minor revision to calculation language for clarity.
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January 2020 - IRIS v5.1 Released
No change.
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May 2019 - IRIS v5.0 Released
No change.
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March 2016 - IRIS v4.0 Released
Immaterial change. Minor revision to definition language for clarity.
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March 2014 - IRIS v3.0 Released
Immaterial change. Minor revision to definition language for clarity.
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November 2011 - IRIS v2.2 Released
No change.
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February 2011 - IRIS v2.1 Released
No change.
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September 2010 - IRIS v2.0 Released
Immaterial change. Percent Affordable Housing (PD5833) replaced Housing Units: Percent Affordable (CD4.4). IRIS ID / metric name changed due to framework upgrade. Minor revision to definition language for clarity.
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September 2009 - IRIS v1.0 Released
New metric. Housing Units: Percent Affordable (CD4.4) was developed via the Original IRIS Working Group.