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What is the City of Ashland Affordable Housing Program?

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What is the City of Ashland Affordable Housing Program?

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Ashland has an ongoing program that provides incentives to promote affordable housing development, as well as requirements that some units are to be regulated as affordable for a set period of time. For units established as ‘affordable’, the City imposes both a maximum rent and sale price, and qualifies the occupants of these units to ensure income guidelines are met throughout the affordability period. These are considerable variations regarding the terms of affordability and income guidelines for specific housing units and thus is it necessary to contact the City’s Housing Program Specialist with questions before buying, renting, or selling a covered affordable housing unit.

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