NOAH (Naturally Occurring Affordable Housing)

By | November 4, 2018

Also known as market affordable housing, these are older rental properties with fewer amenities and rents below market-rate housing. This housing contains no subsidy, so it is at risk of rent increases or being demolished to build new market-rate housing. NOAHs usually exist in the moderate income range.

NIMBY

By | June 14, 2018

“Not In My Backyard” is a phrase used to express opposition by local citizens to locating a civic project that, though needed by the larger community, is perceived to be unsightly, dangerous or likely to lead to decreased property values.