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It received more than 3,000 applications for 57 affordable housing units. ... is an affordable housing apartment building in Fresno’s Chinatown area. ... to those who make under 80% average ...
The One Fresno Housing Plan’s goal to make only 25% of the new “affordable” housing — or less than 1,500 units — attainable for our city’s very-low-income residents does not go far ...
A significant step in Fresno’s longstanding battle with poverty has just been taken, with participants of a new program set to receive monthly $500 payments for a year to help them pay for rent ...
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
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]
Website. www .calhfa .ca .gov. The California Housing Finance Agency ( CalHFA ), established in 1975, is an independent California state agency within the California Department of Housing and Community Development that makes low-rate housing loans through the sale of taxable and tax exempt bonds. [2] [3]
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