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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]
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 ...
Jacob Flanagan. May 21, 2024 at 4:23 PM. NEW YORK - Mayor Eric Adams has announced the reopening of the Section 8 Housing Choice Voucher (HCV) program waitlist for the first time in nearly 15 ...
The Low Income Housing Institute serves the Puget Sound region of Western Washington. LIHI programs serve homeless and low-income people in Snohomish, King, Island, Kitsap, Pierce and Thurston Counties. LIHI housing serves communities in Seattle, Lynnwood, Lacey, Olympia, Tacoma, Bremerton, and smaller towns throughout the region.
Finally, your 2020 income level can’t exceed 80% of your area’s median income, though states might have different income requirements. See: A Look at the Direction of Home Interest Rates in 2021
Washington. Extremely Low-Income Renter Households: 237,903. Number of Affordable and Available Rental Homes Per 100 Extremely Low-Income Renter Households: 28. Percentage of extremely low-income ...
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