đ Housing Terms Glossary
AMI
Area Median Income - the midpoint of incomes in a geographic area used to determine program eligibility.
HCV
Housing Choice Voucher - federal rental assistance program (commonly called Section 8).
PHA
Public Housing Authority - local agency that administers HUD housing programs.
HUD
U.S. Department of Housing and Urban Development - federal agency overseeing housing programs.
LIHTC
Low Income Housing Tax Credit - federal program that finances affordable rental housing development.
RAP
Rental Assistance Program - Connecticut state-funded rental subsidy program.
FMR
Fair Market Rent - HUD-determined rent limits for housing assistance programs.
CHFA
Connecticut Housing Finance Authority - state agency providing mortgage and rental housing financing.
DAP
Down Payment Assistance Program - helps first-time homebuyers with down payment and closing costs.
HOPWA
Housing Opportunities for Persons With AIDS - federal program providing housing assistance for people with HIV/AIDS.
CoC
Continuum of Care - regional planning body that coordinates homeless services and funding.
Extremely Low Income
Household income at or below 30% of Area Median Income.
Very Low Income
Household income at or below 50% of Area Median Income.
Low Income
Household income at or below 80% of Area Median Income.