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Section 8 (housing) Section 8 of the Housing Act of 1937 (42 U.S.C. § 1437f), commonly known as Section 8, provides rental housing assistance to low-income households in the United States by paying private landlords on behalf of these tenants. Approximately 68% of this assistance benefits seniors, children, and individuals with disabilities. [1]
The report's key figure, the "Housing Wage," reveals the hourly earnings necessary for full-time workers to afford fair market rental homes without exceeding 30% of their incomes. Nationally, the 2023 Housing Wage is $28.58 per hour for a modest two-bedroom home and $23.67 per hour for a one-bedroom home.
Oct. 9—The walls of a former school are tumbling down to make way for new, affordable senior citizen housing in East Vandergrift. The Morning Sun Senior Lofts project is a $16 million ...
Officials said the effort is dependent upon a state financial boost. If successful, construction and leasing could begin for those over 55 in 2025 and 2026.
September 10, 2024 at 5:55 PM. A year after opening its newest affordable housing development, The Kitchen Inc. is preparing plans to add additional stock to the senior housing portfolio in ...
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
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