A community or neighborhood where the residents earn wages and salaries that vary drastically.
A neighborhood that contains houses of widely varying prices.
Mixed-income housing includes both market rate and affordable homes within the same development. This delivers affordable housing choices in areas close to jobs that generate more modest incomes. Mixed-income housing is often financed through public-private partnerships. The subsidy is determined by a formula requiring a certain percentage of the housing mix to be allocated for affordable housing. Municipal government policies related to mixed-income housing are known as inclusionary zoning.