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The home ownership rate declined to 68.2 percent in the second quarter of 2007." Programs that are addressing the needs of rural housing can be seen through the United States Department of Agriculture’s Rural Housing Service. Other assistance is available through the Housing Assistance Council which is a non-profit organisation.
Australians buying a home for the first time are eligible for a first homeowner grant. These grants were introduced on 1 July 2000, and are jointly funded by the Commonwealth government and the state and territory governments. First home buyers are currently eligible for a grant of A$7000 to alleviate the costs of entering the housing market. [3]
Most of the literature on affordable housing refers to mortgages and number of forms that exist along a continuum – from emergency shelters, to transitional housing, to non-market rental (also known as social or subsidized housing), to formal and informal rental, indigenous housing, and ending with affordable home ownership.
Rural areas in the United States, often referred to as rural America, [1] consist of approximately 97% of the United States' land area. An estimated 60 million people, or one in five residents (17.9% of the total U.S. population), live in rural America. Definitions vary from different parts of the United States government as to what constitutes ...
[144] [145] In South Korea the public Korea Land & Housing Corporation has provided homes to 2.9 million households which is 15% of the national total of 19.56 million households. This includes 2.7 million newly built public housing units and 1.03 million rental homes of which 260,000 were purchased or rented by the Land and Housing Corporation.
The proportion of council housing rose from 42% to 50% of the nation's housing total, [120] while the number of council homes built increased steadily, from 119,000 in 1964 to 133,000 in 1965 and to 142,000 in 1966. [citation needed] Allowing for demolitions, 1.3 million new homes were built between 1965 and 1970. [121]
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