### Question
How does the law define affordable housing?


### Answer
Under *42 U.S.C. § 1437v*, **affordable housing** is defined as:

> rental or homeownership dwelling units that—


(i) are made available for initial occupancy to low-income families, with a subset of units made available to very- and extremely-low income families

#### Citation:
  - *42 U.S.C. § 1437v*
  - Heading: **CHAPTER 8-LOW-INCOME HOUSING > SUBCHAPTER I-GENERAL PROGRAM OF ASSISTED HOUSING**

