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Everett's homeownership rate is among the lowest in Washington, with 44 percent of homes occupied by their owners, and its residents have a low median income relative to the county and Seattle metropolitan area. [220] The average monthly rent for housing units in Everett in 2013 ranged from $700 for a studio apartment to $2,723 for a five ...
The Low Income Housing Institute serves the Puget Sound region of Western Washington. LIHI programs serve homeless and low-income people in Snohomish, King, Island, Kitsap, Pierce and Thurston Counties. LIHI housing serves communities in Seattle, Lynnwood, Lacey, Olympia, Tacoma, Bremerton, and smaller towns throughout the region.
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 ...
An affordable housing complex serving seniors in downtown Columbia has been sold, forcing its low-income residents to find new homes. The buyer is pitching a $1.4 million restoration of the ...
Alternative housing is a category of domicile structures that are built or designed outside of the mainstream norm e.g., town homes, single family homes and apartment complexes. In modern days, alternative housing commonly takes the form of tiny houses , dome homes , pyramid -shaped houses, earth sheltered homes, residential tree houses ...
LISC was an early advocate for the Low-Income Housing Tax Credit (LIHTC), which created by the Reagan Administration in the Tax Reform Act of 1986. In 1987, LISC launched the National Equity Fund (NEF) to syndicate LIHTC, raising $14.5 million in the first year. [15]
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