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  2. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.

  3. Section 8 (housing) - Wikipedia

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

    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 [11])—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 ...

  4. Housing Hurdles: Is the 30% Income Rule for Rent Still ... - AOL

    www.aol.com/finance/housing-hurdles-30-income...

    In the past, many financial experts were in agreement that a good rule of thumb for your personal finances was to not spend more than 30% of your gross income on rent. However, in today's economy,...

  5. Affordable housing - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing

    Measuring affordable housing is tricky. Different organizations look at different things: some at buying homes, others at renting apartments. Many U.S. studies, for example, only consider the average rent of a two-bedroom apartment, regardless of location or quality. This can make housing look more expensive than it actually is for many people.

  6. What Income Do I Need for a $300K House? - AOL

    www.aol.com/income-300k-house-170125123.html

    A larger down payment reduces the amount of financing you need so you qualify for more house with less income. For the biggest impact, pay at least 20% down to avoid having to pay mortgage insurance.

  7. Need an affordable Boise apartment? The next 4 weeks ... - AOL

    www.aol.com/may-qualify-boise-section-8...

    A voucher holders must pay at least 30% of their incomes but no more than 40% of their incomes toward rent and utilities, according to the housing authorities. For a single person with a $34,000 ...

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