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Housing subsidies are government funded financial assistance programs designed to mitigate the costs of housing for low-income tenants. Subsidies can be provided in the form of housing vouchers given to tenants, e.g. Section 8 (Housing), or via direct deposits to landlords with government contracts to provide affordable housing.
Only about 8% of households in Broward County, Florida can afford a single-family home at the median sale price, according to a new study. Based on spending the recommended 30% of income on ...
Broward County is planning a 10-year affordable housing plan. About a year ago, the median rent in the county was $2,802, and the median salary was $55,528, according to census data included in ...
Section 8 of the Housing Act of 1937 ( 42 U.S.C. § 1437f ), commonly known as Section 8, provides rental housing assistance to low-income households in the United States by paying private landlords on behalf of these tenants. Approximately 68% of this assistance benefits seniors, children, and individuals with disabilities. [1]
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 private ...
The housing authority will accept applications for a public housing program for the first 50 families who call. The subsidy can be used at Apollo Terrace , 940-980 N. 66th Ter., a 30-unit ...
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