What does the term "housing diversity" encompass?

Housing diversity refers to the range of housing options available within a community, which includes different types, sizes, styles, and price points. This variety is essential to meet the diverse needs of the population, reflecting the differences in household sizes, income levels, and family structures. A community that embraces housing diversity is able to provide affordable housing opportunities for low-income families, options for middle-income earners, and even more expensive homes for those seeking upscale living conditions. This approach not only fosters inclusiveness and equity within the housing market but also contributes to vibrant, sustainable communities where various demographics can coexist and thrive. By offering multiple housing types, such as single-family homes, townhouses, apartments, and affordable units, it ensures that people from various backgrounds can find suitable living arrangements in close proximity to necessary services and amenities.