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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 ...
For the study, we looked at 508 developments financed through the federal Low-Income Housing Tax Credit program and built in the Chicago area from 1997 to 2016. We then examined the
In 2010, the head of households demographics were 88% African American and 12% White. [39] The population of children in CHA decreased from 50% in 2000 to 35% by 2010. Today on average, a Chicago public housing development is made up of: 69% African-American, 27% Latino, and 4% White and Other. [40] [clarification needed]
The kids don't go to the city beaches and use the fire hydrants to cool off instead. It's a tradition in the community, comprised of very low income people. The area has high crime and fire records. From 1960 to 1970 the percentage of Chicago blacks with income of $7,000 or more jumped from 26% to 58%." - June 1973. Photograph by John H. White
Of the remaining census tracts, one in the southeast corner of the area had no data, four in the eastern half of the area had a median household income of between $36,200 and $57,900, below HUD's low-income limit and above its very low-income limit, and the remaining five had a median household income of between $57,900 and $86,900. [10]
The city of Chicago will soon open applications for a guaranteed basic income program supporting 5,000 low-income residents with $500 The post 5,000 low-income Chicago residents to get $500 ...
As early as 1878-1879 commentators noted the Nachusa House as one of Dixon's most substantial and eye-catching buildings. The building possesses significance of a social, commercial and architectural nature and was called a "prized landmark" in the 1983 National Register of Historic Places nomination form and the building was added to the ...
Dearborn was the first Chicago housing project built after World War II, as housing for blacks on part of the Federal Street slum within the "black belt". [3] It was the start of the Chicago Housing Authority's post-war use of high-rise buildings to accommodate more units at a lower overall cost, [6] and when it opened in 1950, the first to have elevators.