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The federal government has approved two rounds of rental assistance, worth more than $46 billion total, that is slowly making its way to renters. How struggling households can get federal rental ...
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 ...
The main Section 8 program involves the voucher program. A voucher may be either "project-based"—where its use is limited to a specific apartment complex (public housing agencies (PHAs) may reserve up to 20% of its vouchers as such [11])—or "tenant-based", where the tenant is free to choose a unit in the private sector, is not limited to specific complexes, and may reside anywhere in the ...
In 2023, the LIHTC program is estimated to cost the government an average of $13.5 billion annually. [1] A 2018 report by the GAO covering the years 2011-2015 found that the LIHTC program financed about 50,000 low-income rental units annually, with median costs per unit for new construction ranging from $126,000 in Texas to $326,000 in California.
A second-story apartment with a window unit is pictured Aug. 16 at The Alora apartment complex, 6303 NW 63 in Oklahoma City. This article originally appeared on Oklahoman: OKC council gives ...
A neighborhood meeting started off civil as architect Robert Haggard unveiled updated plans for a project that would include a 14,200-square-foot development, currently being called Lottie ...
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