1. Housing affordability is defined as rent or mortgages that do not exceed:
c. median income for the community.
d. 50% of the poverty level.
2. Which of the following programs focused on helping poor families relocate to better neighborhoods
and encourages mixed-income developments?
a. the Low Income Housing Tax Credit program
b. the Model Cities program
3. Loans that are considered high-risk because of a lack of capital, a high debt-to-asset ratio, or a
blemished credit history are referred to as:
d. equity capital loans.
4. Housing projects where people buy, design, and construct housing units they share is referred to as:
c. Cooperatives.
d. Condominiums.
5. The Fair Housing Act prohibits housing discrimination on the bases of all of the following EXCEPT:
a. Race
b. Religion