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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]
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
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 ...
Many organizations cite the National Low Income Housing Coalition report "Out Of Reach" [7] which includes data maps to illustrate the mismatch between housing and incomes across the country. A 2010 report from the Washington, D.C. based non-profit Urban Land Institute entitled "Priced Out" is one example of in-depth study for a specific area.
The new area code is not the first to roll out in the past year or so. Area code 283 was introduced in the Cincinnati and Southwest Ohio area in March 2023. Previously, area code 234 was rolled ...
The HOME Investment Partnerships Program ( HOME) is a type of United States federal assistance that the U.S. Department of Housing and Urban Development (HUD) provides to states to create decent and affordable housing, particularly housing for low and very low income Americans. [1] It is the largest Federal block grant to states and local ...
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