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The federal government has approved two rounds of rental assistance, worth more than $46 billion total, that is slowly making its way to renters. How struggling households can get federal rental ...
The U.S. Department of the Treasury reported on Monday, Nov. 29, that state and local governments offered rental assistance to more than 521,000 renters and landlords in October through the ...
The latest round of funding arrived earlier this month, when the Treasury Department allocated $21.6 billion for rental assistance under President Joe Biden’s rescue package, along with new ...
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 ...
The BHA was established on October 1, 1935 by the mayor and city council of Boston under Massachusetts General Law allowing cities and towns of Massachusetts to establish housing authorities. According to Massachusetts law, its mission was to be responsible for providing decent, safe and sanitary housing for families unable to afford housing ...
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.
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