Pam Marino here. I have covered affordable housing for long enough to know “affordable” is a relative term. What may one day be affordable for the families and individuals who need such housing does not come cheap. It often costs more than regular housing that’s unencumbered by the Byzantine rules and regulations attached to affordable developments.
Stack on top of that the skyrocketing cost of construction due to supply chain issues, natural disasters, tariffs and other factors, and “sticker shock” becomes an apt term to describe the current cost of providing a safe home for a family or person making far below the median income.