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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.
The Mount Laurel doctrine is a significant judicial doctrine of the New Jersey State Constitution.The doctrine requires that municipalities use their zoning powers in an affirmative manner to provide a realistic opportunity for the production of housing affordable to low- and moderate-income households.
To help narrow down the choices, GOBankingRates looked at the 300 largest cities listed on real estate site Zillow and screened out those with prices of more than 75% of the national typical ...
New Jersey is one of the wealthiest states in the United States of America, with a per capita income of $35,928 (2012) and a personal per capita income of $50,781 (2010). [1] [2] Its median household income is $71,637 (2012) and its median family income is $87,389 (2012), both the second highest in the country. [3]
Dingbat building named "The Mary & Jane" with styled balconies A stucco box. In a 1998 Los Angeles Times editorial about the area's evolving standards for development, the birth of the dingbat is retold (as a cautionary tale): "By mid-century, a development-driven southern California was in full stride, paving its bean fields, leveling mountaintops, draining waterways and filling in wetlands ...
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Most of the apartments were built in the 1970s and 1980s. [2] The corporation filed for bankruptcy in 1989, and reorganized as Cardinal Realty Services, Inc., a real estate ownership and management company. Cardinal Realty Services, Inc. was listed on the New York Stock Exchange [CRSI] before merging with Equity Residential. [3]
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