new home would be affordable to a family with an annual income of approximately $24,000. But a family of four earning $11,000 a year can afford housing expenses of only $275 per month. Therefore, the subsidy required for that family to afford a modest newly built home would be $325 monthly, or $3,900 annually. Moreover, $275 a month would barely cover the utilities and maintenance of an existing unit, much less amortize the capital costs of a new home. The inability of these families to pay for adequate maintenance and upkeep can only result in future deterioration of the housing inventory and the eventual loss of lower-priced units as they are abandoned, demolished, or converted to more profitable uses. The poor will continue to be concentrated in neighborhoods marked by blighted conditions and poor infrastructure. Clearly, for low-income households, affordability will continue to be a great problem.