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v. t. e. 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 of ...
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 ...
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 grand opening of Ritter's Run Apartments on Wednesday at 200 Ohio St. attracted a large crowd of community leaders. The Ohio Area Agency on Aging District 5 celebrated the opening of Ritter ...
The Ohio Housing Finance Agency is warning Ohioans about a scam page on Facebook claiming to have opened a wait list for sought-after Section 8 vouchers and public housing assistance. The scammers ...
The National Low Income Housing Coalition (NLIHC) is a non-profit organization dedicated to ending America's affordable housing crisis. It aims to expand and preserve housing for people with extremely low incomes. [1] [2] NLIHC provides current information and data on affordable housing, and formulates policy and increases awareness on housing ...
Jul. 27—The affordability of housing remains a hot topic. We feel this problem acutely in Morgantown, but the lack of affordable housing is a national—even global—issue. And it's a complex one.
Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...
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