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  2. Section 8 (housing) - Wikipedia

    en.wikipedia.org/wiki/Section_8_(housing)

    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]

  3. Subsidized housing in the United States - Wikipedia

    en.wikipedia.org/wiki/Subsidized_housing_in_the...

    The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...

  4. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    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 ...

  5. 6 States With the Most Affordable Housing for Low-Income Families

    www.aol.com/6-states-most-affordable-housing...

    West Virginia. Number of affordable and available rental homes: 53 per 100 extremely low-income renter households. Extremely low-income renter households: 63,660. Extremely low-income renter ...

  6. Low-income housing units coming soon to Ames, near the ... - AOL

    www.aol.com/low-income-housing-units-coming...

    A goal that stretched more than five years is headed toward reality as the city of Ames prepares to build nearly 40 low-income housing units near the Iowa State University campus.. The city is ...

  7. Affordable housing - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing

    In a 2011 agreement, developers in Hamburg agreed to build 3500 new housing units per year and 30% of these units would only be available to low and middle income households. To support the developer's work, Hamburg's city government agreed to provide city-owned land and acquire privately owned land on which the units would be constructed.

  8. Low-income seniors told to move as developer buys historic ...

    www.aol.com/low-income-seniors-told-move...

    An affordable housing complex serving seniors in downtown Columbia has been sold, forcing its low-income residents to find new homes. The buyer is pitching a $1.4 million restoration of the ...

  9. Affordable housing in the United States - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing_in_the...

    However, in the US, the term is mostly used to refer to housing units that are deed restricted (for typically at least 30 years) to households considered Low-Income (80% of AMI), Very Low-Income (50% of AMI), and Extremely Low-Income (30% of AMI). These units are most often constructed by non-profit "affordable housing developers" who use a ...

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