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Section 8 of the Housing Act of 1937 (42 U.S.C. § 1437f), commonly known as Section 8, provides rental housing assistance to low-income households in the United States by paying private landlords on behalf of these tenants. Approximately 68% of this assistance benefits seniors, children, and individuals with disabilities. [1]
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 ...
Other popular states for age-restricted communities include Oregon, North Carolina, South Carolina, Pennsylvania, and Utah. [ 10 ] While in the United States discrimination in housing is generally prohibited, the Fair Housing Act of 1968 [ 11 ] and the Housing for Older Persons Act of 1995 (109 STAT. 787) [ 12 ] allow communities to restrict ...
An affordable housing complex serving seniors in downtown Columbia has been sold, forcing its low-income residents to find new homes. The buyer is pitching a $1.4 million restoration of the ...
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Housing Units: Senior communities that offer single-family homes, duplexes, mobile homes, townhouses, cottages, or condominiums. Some communities are tied to an adjoining, apartment-style independent senior living community. Residents may have the option to rent or buy.
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