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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 private equity in developing affordable housing. [2] Projects ...
Gafney Home's 21 apartments feature a mix of studio, one- and two-bedroom units. Here's a look at details, including rental prices.
Hilliard Towers Apartments, formerly known as the Raymond Hilliard Homes CHA housing project, is a residential high-rise development in the near South Side of Chicago, Illinois.
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 Department of Housing and Urban Development (HUD) oversees ...
The Federal Reserve’s interest rate cut last week has given prospective homebuyers something to celebrate: lower borrowing costs.
Jul. 31—Pacifica Senior Living in Santa Fe appears to have made a transition from troubled assisted living center to senior housing with "serene Santa Fe charm." Leaders of the former assisted ...
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