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Utah has the eleventh lowest per capita income in the United States of America, at $18,185 (2000). Its personal per capita income is $24,977 (2003). Utah counties ranked by per capita income
From its existence, the Utah Housing Corporation has provided financing for more than 65,000 Utah home buyers, 22,500 affordable rental units, and over 7,200 special needs units of housing. [citation needed] To fund itself, the Utah Housing Corporation uses bonds and mortgage-backed securities. UHC issued its very first bond in 1977.
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 conversion of city-owned buildings into low-income affordable housing was made possible by an agreement made with the Department of Housing and Urban Development in September 2007. The cost of rent and availability of these units for residents will remain consistent, as the city has put in place provisions to make them affordable for at ...
An old yellow home framed by large cedar trees in downtown Bremerton filled with people Wednesday. Built in 1917, it's easy to see a time when the house was part of a thriving residential ...
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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