It’s generally accepted and widely applied that paying no more than 30% of one’s gross monthly income for housing is considered an affordable housing situation. According to a report by the Joint Center for Housing Studies at Harvard University, this standard can be traced to its origins back to the 1800s from an adage that stated one should devote “a week’s wage to a month’s rent.” While we know times have most certainly changed, this principle still holds to this day. On the contrary, paying anything above 30% of your gross income for housing expenses is considered “rent or cost burdened.”
With more than 2,900 volunteers who contribute their time and efforts during tournament week, with community-minded sponsors, with the support of tens of thousands of golf fans each year, the tournament has consistently raised substantial sums both through its Birdies for Tampa Bay Charities program and other targeted donations to groups like Tampa General Hospital, Habitat for Humanity of Pinellas and West Pasco Counties, The First Tee, the Chi Chi Rodriguez Youth Foundation, Birdies for the Brave and others.
MaintenX International was founded in the Tampa Bay area, and is proud to celebrate the region's history alongside its charitable organizations. On Friday, April 23rd, MaintenX sponsored the Cigar Bar at Habitat for Humanity of Pinellas & West Pasco's Havana Nights gala, a night of Cuban music, hors d'ouvres, and cocktails supporting Habitat's mission of bringing people together to build homes, communities, and hope.
Area Median Income, also known as AMI or sometimes referenced as Median Family Income (MFI), is the household income for the median/”middle” household in a given region. Thus, if you were to line up each household from poorest to wealthiest, the household in the very middle would be considered the median.