What is 'mixed-income housing' and what fair housing considerations does it raise in Delaware?
Why Housing that serves residents across a range of incomes, often subsidized to allow lower-income residents to live in higher-cost areas Is Correct
Answer B: Housing that serves residents across a range of incomes, often subsidized to allow lower-income residents to live in higher-cost areas
Exam Tip: Fair Housing
Fair Housing questions test both federal (Fair Housing Act of 1968) and state-level protected classes. The federal protected classes are race, color, religion, national origin, sex, familial status, and disability. Many states add additional protections.
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Related Delaware Questions
- Which of the following is a protected class under BOTH the federal Fair Housing Act and Delaware state fair housing law?Fair Housing
- Delaware's state fair housing law expands federal protections by adding which additional protected class?Fair Housing
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- The federal Fair Housing Act of 1968 prohibits discrimination in housing based on:Fair Housing
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- A Delaware buyer's gross monthly income is $7,500. Using a 43% back-end (total debt) ratio, what is the maximum total monthly debt (including housing)?Real Estate Math
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Key Terms to Know
Federal law prohibiting discrimination in the sale, rental, or financing of housing based on race, color, national origin, religion, sex, disability, and familial status.
SteeringAn illegal practice where a real estate agent directs buyers toward or away from certain neighborhoods based on the buyer's race, religion, national origin, or other protected characteristics.
RedliningAn illegal practice where lenders or insurers deny services or charge higher rates in certain neighborhoods based on the racial or ethnic composition of those areas.
Pre-ApprovalA lender's conditional commitment to loan a specific amount to a borrower, based on verified income, credit, and assets.
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