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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. Local Initiatives Support Corporation - Wikipedia

    en.wikipedia.org/wiki/Local_Initiatives_Support...

    It launched a small business grant program that provided more than $200 million in grants to over 16,000 small businesses. The majority of the businesses supported with minority- and women-owned. It also launched a new $1B initiative over the next 10 years to help close the racial wealth, health and opportunity gap.

  4. National Equity Fund, Inc. - Wikipedia

    en.wikipedia.org/wiki/National_Equity_Fund,_Inc.

    National Equity Fund, Inc. was founded by the Local Initiatives Support Corporation to be one of the first LIHTC syndicators, following the creation of LIHTC in the Tax Reform Act of 1986. LIHTC provides investors in affordable housing a dollar-for-dollar reduction in federal taxes in exchange for equity in new or refurbished affordable housing ...

  5. Tax Credit Assistance Program - Wikipedia

    en.wikipedia.org/wiki/Tax_Credit_Assistance_Program

    The Tax Credit Assistance Program (TCAP) is a Federal housing grant program administered by HUD which assists Low Income Housing Tax Credit (LIHTC) projects funded during 2007, 2008 and 2009. The TCAP program is part of the American Recovery and Reinvestment Act which was signed by President Obama on February 17, 2009.

  6. Biden says his $5K per year housing credit will help over 3 ...

    www.aol.com/finance/biden-says-5k-per-housing...

    Biden is further proposing a one-year tax credit of up to $10,000 to middle-class families who sell their starter home (a home that is below the area median home price in the county) to another ...

  7. Affordable housing - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing

    In both large metropolitan areas and regional towns where housing prices are high, a lack of affordable housing places local firms at a competitive disadvantage. They are placed under wage pressures as they attempt to decrease the income/housing price gap. Key workers have fewer housing choices if prices rise to non-affordable levels.

  8. What can you use a business line of credit for? - AOL

    www.aol.com/finance/business-line-credit...

    A business line of credit can be a powerful tool to help an entrepreneur establish and grow their small business. Like a credit card, a business line of credit is a kind of revolving credit ...

  9. Business improvement districts in the United States - Wikipedia

    en.wikipedia.org/wiki/Business_Improvement...

    The districts are areas within a municipality where some form of revenue generation is legally enforced to provide services for area, beyond those offered by the municipal and county services. BID formation varies on a state-by-state level, and are also referred to as neighborhood improvement districts, special improvement districts, [ 7 ] or ...