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.
Access to safe, decent and affordable housing, for many in our service area, remains elusive. All too often families struggle just to afford the basic cost of a home. Additionally, the Covid-19 pandemic has disproportionately affected low to moderate-income households, further exacerbating the ever-growing need for affordable housing. Unfortunately, hammers and nails alone cannot fully address this social ill. Both broad-based and targeted policies need to be enacted (and sometimes repealed) to enhance access to affordable housing and ultimately accomplish our vision in which everyone has a decent place to live.