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October 10: Hope Now Alliance is created by the US Government and private industry to help some sub-prime borrowers. [182] October 15–17: A consortium of U.S. banks backed by the U.S. government announces a "super fund" of $100 billion to purchase mortgage-backed securities whose mark-to-market value plummeted in the subprime collapse. [183]
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 ...
The Rental Assistance Demonstration is a federal housing program that was enacted as part of the Consolidated and Further Continuing Appropriations Act, 2012, [1] and is administered by the U.S. Department of Housing & Urban Development (HUD). Broadly, the purpose of the Rental Assistance Demonstration (or RAD) is to provide a set of tools to ...
Hannah Shields is the Wyoming Tribune Eagle's state government reporter. She can be reached at 307-633-3167 or hshields@wyomingnews.com . You can follow her on X @happyfeet004.
Jackson Hole refers to the communities in Teton County, including Jackson, Moose, Wilson, and Teton Village, among others.. According to the Economic Policy Institute, the top 1% of locals across ...
One of just 14 recipients throughout the country, the Jackson Housing Authority (JHA) was awarded a competitive, $2.3 million grant by the U.S. Dept. of Housing and Urban Development, aimed at ...
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