AFFORDABLE housing is still beyond the reach of many of a city's poorest residents, according to a new report.
Most of the 4,500 people on City of York Council's housing waiting list are on too low an income to afford a discounted sale or shared ownership home.
Suzanne Walters, housing development manager with the council, said: "While a number of people aspire to buy shared ownership and discounted sale opportunities, in reality the majority of homes are not affordable to them."
Under the shared ownership scheme, a purchaser buys a percentage of the house and pays rent on the remaining part, with an option to increase ownership over time.
Purchasers of discounted sale homes buy a fixed percentage of the house. However, the price is based on the market value of a property.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article