Share this page. It started in 2000 with Down with the Sickness.. Disturbed's thick, rhythmic take on alt-metal was perfect music for stalking bloody zombies, and vocalist David Draiman's jaw-snapping Pavlovian grunts made the trigger fingers of first-person shooters itch.
The U.S. Department of Housing and Urban Development (HUD) defines affordable housing in the following way: The generally accepted definition of affordability is for a household to pay no more than 30 percent of its annual income on housing.
At that time, when a property first hit the HUD list, the minimum bid was 87% of list price. However, the minimum bid dropped to 80% after 60 days. Which brings us to the second pointâthe minimum bid is a function of time on the market. When the housing market hit the skids, the HUD minimum bid calculation changed. By the time that Rob and I bought The Loft (click here for the name explanation), the minimum bid for HUD homes was 80% of list price when bids opened. It dropped to 70% after 30 days.