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Section 8 of the Housing Act of 1937 ( 42 U.S.C. ยง 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]
In the United States, subsidized housing is administered by federal, state and local agencies to provide subsidized rental assistance for low-income households. Public housing is priced much below the market rate, allowing people to live in more convenient locations rather than move away from the city in search of lower rents.
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 ...
The District of Columbia Housing Authority is an independent government agency whose mission is to provide affordable housing to extremely low- through moderate-income households, foster sustainable communities, and cultivate opportunities for residents to improve their lives throughout the eight wards of Washington, D.C. [1] One of the ...
19. Toledo, Ohio. Cost of Living Score: 76.7 Livability Score: 60 Median Rent: $777 Toledo's cost of living indicates that you can expect to spend almost 25% less on your basic expenses than you ...
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 ...
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