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  2. Overriding local zoning won’t solve North Carolina’s housing ...

    www.aol.com/news/overriding-local-zoning-won-t...

    In North Carolina, particularly in its fast-growing cities, there is an acute shortage of affordable housing. The median home price rose by 25 percent in 2021 and bumped up an estimated 5 percent ...

  3. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    The LIHTC program has helped meet a critical affordable housing shortage by stimulating the production or rehabilitation of nearly 2.4 million affordable homes since 1986. Through development activity, the LIHTC creates and supports approximately 95,000 jobs annually - the majority of which are small business sector jobs [ citation needed ] .

  4. HOME Investment Partnerships Program - Wikipedia

    en.wikipedia.org/wiki/HOME_Investment...

    The HOME Investment Partnerships Program (HOME) is a type of United States federal assistance that the U.S. Department of Housing and Urban Development (HUD) provides to states to create decent and affordable housing, particularly housing for low and very low income Americans. [1]

  5. Chapel Hill has a partner for affordable housing by future ...

    www.aol.com/chapel-hill-partner-affordable...

    American Legion Post 6 sold its longtime home to the town of Chapel Hill in 2017. The council voted on Wednesday, Dec. 8, 2022, to build a park and affordable housing on the 36-acre tract.

  6. Subsidized housing - Wikipedia

    en.wikipedia.org/wiki/Subsidized_housing

    Subsidized housing is government sponsored economic assistance aimed towards alleviating housing costs and expenses for impoverished people with low to moderate incomes. In the United States, subsidized housing is often called "affordable housing". Forms of subsidies include direct housing subsidies, non-profit housing, public housing, rent ...

  7. 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 ...

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