For the purposes of the competition,
affordable housing is defined as:
Shelter in which at least 40 percent of the units can be
sold or rented to a household that is earning no more than
60 percent of the area median household income, as defined
by the U.S.
Department of Housing and Urban Development (HUD).
Proposals are not limited to new construction
projects. Acquisition/rehabilitation projects are allowed,
as long as the end product is affordable to the group described
above. The recommended project size is eight units or more.