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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.
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 ...
After the building had sat for years following damage in the 1964 Alaska earthquake, it was purchased at auction by Anchorage attorney and real estate investor, Neil S. Mackay. He renamed it the McKay Building (spelling intended) and converted into an office building that housed the State of Alaska's administrative offices [ 6 ] and a private ...
In a mortgage context, pre-qualification denotes a process that has not yet been underwritten by the lending institution. Typically, subprime lenders will allow 50% DTI. . Common monthly debts used for calculating DTI are mortgage (or new mortgage payment), auto payment(s), minimum credit card payment(s), student loans, and any other common monthly or revolving debt that is on the applicant's ...
American Homes 4 Rent, doing business as AMH, is a real estate investment trust based in Las Vegas, Nevada, that invests in single-family rental homes. As of December 31, 2019, the company owned 52,552 homes in 22 states.
The Anchorage Metropolitan Statistical Area, as defined by the United States Census Bureau, is an area consisting of the Municipality of Anchorage and the Matanuska-Susitna Borough in the south central region of Alaska. [2] As of the 2010 census, the metropolitan statistical area (MSA) had a population of 380,821. [3]
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