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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 ...
One of the major reasons, local officials say: Cincinnati's rising rents. The local housing authority is on pace to spend more than $101 million on the voucher program by the end of the year but ...
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 ...
Toledo. v. t. e. A special election was held in the U.S. state of Ohio on August 8, 2023, on a referendum to make it substantially harder for voter-led initiatives intending to amend the Ohio State Constitution to be proposed and approved.
Congress passed two different rental relief packages. The first, approved in December, provided $25 billion for rental relief. The second, approved in March, provides more than $21 billion. In ...
February 16, 2024 at 11:28 AM. yipengge / Getty Images/iStockphoto. Low-income households which need assistance paying monthly rent may qualify for Section 8 Housing. Although 38 million people in ...
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