In the HUD Regional Planning Grant NOFA, Factor 1.2 measures the "Portion of Regional Population Paying More than 45% of Income to Combined Housing and Transportation Costs".
Using the H+T index that is used to establish values for this factor I have pasted below a table showing the Housing AND Housing +Transportation values for select areas in the Portland Metro area. (I also added a column to the right, which is the Transportation value when the Housing value is subtracted from the H+T value).
- EXCEPT for the City of Portland, ALL of these select areas have values that EXCEED the national affordability standard of 45% of income.
- Within these select areas, Lake Oswego is the LEAST affordable, with average H+T costs of 62% of income.
- Among the three counties, Clackamas is the least affordable, with an average H+T index value of 55.8%.
Originally created and posted on the Oregon Housing Blog.