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2. Lexington opens affordable housing units, with more expected ...

   www.aol.com/news/lexington-opens-affordable...

   The city has supported the opening of 401 affordable units this year through the Lexington Affordable Housing Fund. Lexington opens affordable housing units, with more expected by the end of the month

3. Report: Lexington needs 17,000 more affordable housing units ...

   www.aol.com/news/report-lexington-needs-17-000...

   The vast majority—17, 005 — needs to be affordable units. Because of the shortage, Lexington rents have jumped 47% from 2019 to 2024. Report: Lexington needs 17,000 more affordable housing units.

4. Homicides down, housing investment up, more updates in ... - AOL

   www.aol.com/homicides-down-housing-investment...

   LDG Development held a ribbon cutting Tuesday, June 20, 2023, to officially open its 201-unit affordable housing complex off Russell Cave Road in Lexington, Ky., A new city hall, business park and ...

5. Kentucky Housing Corporation - Wikipedia

   en.wikipedia.org/wiki/Kentucky_Housing_Corporation

   Kentucky Housing Corporation was created in 1972 as a state housing finance agency by the General Assembly under the Mae Street Kidd Act with a $150,000 appropriation. In 1973, KHC originated its first bond issue totaling $51.2 million and received its first allocation from the United States Department of Housing and Urban Development (HUD) for 623 Section 8 New Construction units totaling $1. ...

6. Subsidized housing in the United States - Wikipedia

   en.wikipedia.org/wiki/Subsidized_housing_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 ...

7. 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.

8. How much affordable housing does Lexington need? First ... - AOL

   www.aol.com/much-affordable-housing-does...

   The last time the city conducted an affordable housing study was in 2014. The study’s findings helped launch Lexington’s affordable housing fund.

9. Subsidized housing - Wikipedia

   en.wikipedia.org/wiki/Subsidized_housing

   Subsidized housing is government sponsored economic assistance aimed towards alleviating housing costs and expenses for impoverished people with low to moderate incomes. In the United States, subsidized housing is often called "affordable housing". Forms of subsidies include direct housing subsidies, non-profit housing, public housing, rent ...