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There are other co-ops that are market-rate and limited equity, these types of cooperatives do not receive government funding and are not subsidized housing. [2] In addition to providing affordable housing, some co-ops serve the needs of specific communities, including seniors, artists, and persons with disabilities.
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 ...
DULUTH – City leaders are proposing a $6 million housing trust fund to improve and increase Duluth's aging and limited housing stock. "We are investing more than this community has ever invested ...
The Minnesota Housing Finance Agency (MHFA), or Minnesota Housing, is a state agency in Minnesota, United States, established to address the growing concerns of affordable housing, homelessness, and housing security in the state. Its primary mission is to provide affordable housing opportunities for Minnesotans who are low and moderate income ...
It owns public housing, and has a housing choice voucher program. Its executive director is Abdi Warsame. [12] In 2022, the MPHA managed housing including 15 single-family homes, 217 townhouse units, and 4,821 high-rise apartment units, housing about 5,000 households in total. [13] For more information, see this list of developments.
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