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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.
[2] 421-a applies to newly built, market-rate, [3] multi-family housing units, whereas a rehabilitated or converted multi-family residential building is subject to J-51 tax exemption and abatement. [4] [5] The program also requires a portion of a new development's units to be affordable in order for the developer to qualify for the tax ...
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
In 2023, the Canada Mortgage and Housing Corporation approximated that 3.5 million additional housing units must be constructed in the next seven years to make housing more "affordable" by 2030, and in 2023, 56% of the required 500,000 annual units were constructed. [9] The definitions of 'affordability' and 'affordable housing in Canada' are ...
Contribution margin (CM), or dollar contribution per unit, is the selling price per unit minus the variable cost per unit. "Contribution" represents the portion of sales revenue that is not consumed by variable costs and so contributes to the coverage of fixed costs. This concept is one of the key building blocks of break-even analysis. [1]
Nameplate capacity, also known as the rated capacity, nominal capacity, installed capacity, maximum effect or gross capacity, [1] is the intended full-load sustained output of a facility such as a power station, [2] [3] electric generator, a chemical plant, [4] fuel plant, mine, [5] metal refinery, [6] and many others.
The related quantities LD 50 /30 or LD 50 /60 are used to refer to a dose that without treatment will be lethal to 50% of the population within (respectively) 30 or 60 days. These measures are used more commonly within radiation health physics , for ionizing radiation , as survival beyond 60 days usually results in recovery.
A monitor unit (MU) is a measure of machine output from a clinical accelerator for radiation therapy such as a linear accelerator or an orthovoltage unit. Monitor units are measured by monitor chambers, which are ionization chambers that measure the dose delivered by a beam and are built into the treatment head of radiotherapy linear accelerators.