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The per capita income for the city was $17,641. About 13.0% of families and 15.5% of the population were below the poverty line, including 21.9% of those under age 18 and 9.8% of those age 65 or over. The median value of owner-occupied housing units was $133,900 in 2019 and the median monthly cost with a mortgage was $1,360.
Multifamily Private Activity Bond Program. TSAHC issues tax-exempt multifamily private activity bonds to finance multifamily rental housing projects that meet one of the following priorities: 1) at-risk preservation and rehabilitation, 2) rural and smaller urban markets, 3) senior and supportive housing developments, or 4) disaster relief housing.
Section 8 housing vouchers provide housing assistance for low-income, elderly, and disabled individuals or families. The term “source of income discrimination” is used by housing advocates to describe a phenomenon that is legal nationwide in the United States but is increasingly being banned on the state and city level.
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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Low-income housing tax credit industry On December 19, 2017, Parson voted to keep a $140 million state tax credit intended for developers of low-income housing. [24] Greitens had appointed members to the Missouri Housing Development Commission who opposed the Low-Income Housing Tax Credit (LIHTC) program, and had publicly called the program "a ...
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