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Non-profit housing developers build affordable housing for individuals under-served by the private market. The non-profit housing sector is composed of community development corporations (CDC) and national and regional non-profit housing organizations whose mission is to provide for the needy, the elderly, working households, and others that the private housing market does not adequately serve.
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 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 ...
The town was laid out in 1857 by George Limerick, a pioneer settler. [2] [3] A post office called Limerick was established that same year, and remained in operation until 1892. [4] Limerick had a meeting house, store, blacksmith, physician, Methodist church, and about 15 to 20 dwellings. [2] [5]
Impact fees were first implemented in Hinsdale, Illinois in 1947. To finance a water treatment plant expansion, Hinsdale Sanitary District president John A. McElwain implemented a "tap-in" fee of $50 per new residential sewer line. The sanitary district was sued by the Illinois Home Building Association, but the district prevailed.
Illinois is the 13th-wealthiest of the 50 United States, with a per capita income of $37,728 according to the 2020 census. Illinois counties ranked by per capita income [ edit ]
St. Mary's Park is a housing estate in Limerick, Ireland.The estate is located on the northern end of King's Island in an area known locally as the Island Field. The area is located to the north of the historic and ancient city of Limerick which is located in Englishtown located on the southern half of King's Island.
Location of Lake County in Illinois. This is a list of the National Register of Historic Places listings in Lake County, Illinois. This is intended to be a complete list of the properties and districts on the National Register of Historic Places in Lake County, Illinois, United States. Latitude and longitude coordinates are provided for many ...
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