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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 ...
Here are 10 projects in the pipeline for the Triangle. Chantal Allam. August 3, 2024 at 7:00 AM. Wake County has an affordable housing deficit of 65,860 units by its own estimates. In Durham ...
Workforce housing is a term that is increasingly used by planners, government, and organizations concerned with housing policy or advocacy. It is gaining cachet with realtors, developers and lenders. Workforce housing can refer to any form of housing, including ownership of single or multi-family homes, as well as occupation of rental units.
The apartment building at 5800 Harold Way in Los Angeles is under rent control. Most people assume rent control in L.A. applies to buildings built before 1978 but because of a relatively unknown ...
A 41-unit apartment building with parking at the base, all units income restricted. The Villages at Manville, Lincoln: $1.3 million in low income housing tax credits, $13 million in loans. A ...
The term "affordable housing" refers to housing that is considered economically accessible for individuals and families whose household income falls at or below the Area Median Income (AMI), as evaluated by either national or local government authorities through an officially recognized housing affordability index. [3]
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]
PROVIDENCE — The state will use $3.8 million in federal grant money to tackle negative perceptions in specific "health equity zones" around income-restricted housing, as well as other housing ...
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