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Independent senior living communities commonly provide apartments, but some also offer cottages, condominiums, and single-family homes. Residents include seniors who do not require assistance with daily activities or 24/7 skilled nursing, but may benefit from convenient services, senior-friendly surroundings, and increased social opportunities ...
Over 450 affordable apartments have hit the market in some of the Triangle’s most sought-after suburbs. ... Milner Commons is a new 55-plus community with 156 units at 101 Russ St. inside the ...
They may serve people of all income levels, e.g., those who get together to furnish cost-effective transportation services; they may involve low-income residents receiving a richer mix of public services through a NORC model; or they may serve relatively affluent households and charge $1,000 or even more in annual dues to support staffers who ...
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.
No state taxes on Social Security and pension income up to $20,000 (ages 55-64) and $24,000 (65 and older). Property tax exemption up to 50% of the first $200,000 of the value of a residence ...
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