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Housing inequalities in Ohio relate to the historic and continuing factors that prevent predominantly people of color from accessing safe and affordable housing. It is self evident that income inequality is the single biggest factor that prevents the purchase of a major asset like a house. Restrictive zoning laws, market forces, job insecurity ...
Living spaces. 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 ...
Commons. v. t. e. Residential segregation is the physical separation of two or more groups into different neighborhoods [1] —a form of segregation that "sorts population groups into various neighborhood contexts and shapes the living environment at the neighborhood level". [2] While it has traditionally been associated with racial segregation ...
Inclusionary zoning (IZ) is municipal and county planning ordinances that require or provide incentives when a given percentage of units in a new housing development be affordable by people with low to moderate incomes. Such housing is known as inclusionary housing. The term inclusionary zoning indicates that these ordinances seek to counter ...
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 ...
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.
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