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The Authority's original mission statement called for it to provide decent, safe, and sanitary housing to persons of low and moderate income. This has led to IHDA's role as a principal provider of financing for multi-unit housing projects dedicated to Illinois senior citizens .
In addition to providing affordable housing for low-income families and combating blight, it also provided housing for industry workers during World War II and returning veterans after the war. By 1960, it was the largest landlord in Chicago. In 1965, a group of residents sued the CHA for racial discrimination.
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 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 ...
Dec. 3—WILKES-BARRE — Donna Nelson founded the Adopt A Single Mom Project in 2017 to share the necessary tools, knowledge — and her own first-hand experiences — to inspire and empower ...
Altgeld Gardens is a 99% minority public housing community hosting 8,000 community members, 90% of whom are black and 63% of whom are living below the poverty line. [7] There is the highest percentage of people living in poverty and the lowest per capita income in the city. [7]
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