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  2. State doles out millions in funding for subsidized housing ...

    www.aol.com/state-doles-millions-funding...

    Rosebrook Commons, Middletown: $1 million in low income housing tax credits, $14.2 million in loans. A 64 income-restricted units in total 144-unit mixed-use development at 1747 West Main Road ...

  3. RI has $3.8M to build more income-restricted housing - AOL

    www.aol.com/ri-3-8m-build-more-090441217.html

    Where will the money go: Rhode Island asked for $9.6 million, but received $3.8 million. State officials have said that they will need to retool their original application to accommodate the ...

  4. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    v. t. e. The Low-Income Housing Tax Credit (LIHTC) is a federal program in the United States that awards tax credits to housing developers in exchange for agreeing to reserve a certain fraction of rent-restricted units for lower-income households. [ 1] The program was created under the Tax Reform Act of 1986 (TRA86) to incentivize the use of ...

  5. Section 8 (housing) - Wikipedia

    en.wikipedia.org/wiki/Section_8_(housing)

    The main Section 8 program involves the voucher program. A voucher may be either "project-based"—where its use is limited to a specific apartment complex (public housing agencies (PHAs) may reserve up to 20% of its vouchers as such [9])—or "tenant-based", where the tenant is free to choose a unit in the private sector, is not limited to specific complexes, and may reside anywhere in the ...

  6. Subsidized housing - Wikipedia

    en.wikipedia.org/wiki/Subsidized_housing

    t. e. Subsidized housing is government sponsored economic assistance aimed towards alleviating housing costs and expenses for impoverished people with low to moderate incomes. In the United States, subsidized housing is often called "affordable housing". Forms of subsidies include direct housing subsidies, non-profit housing, public housing ...

  7. McKee pitches a $100-million housing bond. Does it go ... - AOL

    www.aol.com/mckee-pitches-100-million-housing...

    A $150 million bond buys 402 income-restricted units. In Westerly, a proposed 2,300-unit apartment complex that would replace a golf course has an estimated cost of $705 million, or $306,521 per unit.

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