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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 ...
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 ...
The Housing Authority of the City of Los Angeles (HACLA) is a state-chartered public agency. Established in 1938, HACLA provides the largest stock of affordable housing in the city Los Angeles, California and is one of the nation's oldest public housing authorities. HACLA funds come from five main sources: United States Department of Housing ...
Jordan Downs. Jordan Downs is a 700-unit public housing apartment complex in Watts, Los Angeles, California, next to David Starr Jordan High School. It consists of 103 buildings with townhouse style units ranging from one bedroom to five bedrooms. The complex is owned and managed by the Housing Authority of the City of Los Angeles (HACLA).
The Star Apartments are a purpose-built residential housing complex on Los Angeles' Skid Row that caters to the needs of the long-term homeless. Opened in October 2014, the Star Apartments include 102 units averaging 350 square feet, alongside amenities such as on-site medical services, counseling, fitness and art facilities and a community garden.
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, rent ...
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