Smaller homes, higher density may help bring more affordable housing in Fort Wayne

FORT WAYNE, Ind. (WANE)— Three new housing complexes were either announced or unveiled in Fort Wayne this week, adding to the growing amount of housing units in or near downtown.
But most of the housing downtown is not affordable to the average Fort Wayne resident. Affordable housing is generally defined as housing that costs less than 30% of the household's income. The median rental price city-wide is $957/month. The median annual household income is $65,704. But according to the U.S