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A sizable and more recently-developed section of the city, Chenal Valley is in the west-central section of Little Rock, known as West Little Rock. Its name is derived from the area's Shinall Mountain, but Deltic Timber Corporation, a major early developer of the area, opted to alter the name to mimic French language as part of a strategy (known as foreign branding) to orient the residential ...
The LIHTC, established in 1986, stands as a groundbreaking departure from the typical structure of supply-side housing programs, which primarily relied on subsidizing low-income housing. As of 2010, this innovative approach yielded the construction of 1.5 million low-income housing units. [33]
Non-profit housing is owned and managed by private non-profit groups such as churches, ethnocultural communities or by governments. Many units are provided by community development corporations (CDCs). They use private funding and government subsidies to support a rent-geared-towards-income program for low-income tenants. [7] [8] [clarification ...
The main Section 8 program involves the voucher program. A voucher may be either "project-based"—where its use is limited to a specific apartment complex (public housing agencies (PHAs) may reserve up to 20% of its vouchers as such [9])—or "tenant-based", where the tenant is free to choose a unit in the private sector, is not limited to specific complexes, and may reside anywhere in the ...
The Streetcar is a 3.4-mile (5.5 km)-long heritage streetcar system that runs from the North Little Rock City Hall and throughout downtown Little Rock before it crosses over to the William J. Clinton Presidential Library. The streetcar line has fourteen stops and a fleet of five cars with a daily ridership of around 350.
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
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