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120 new apartment units coming to Somerset. The Residences at Slade Farm housing complex coming to Fairfield Commons will have 120 units; 30 of them are designated workforce housing units, and the ...
Treasury Secretary Janet Yellen on Monday unveiled a new slate of financing initiatives to support housing development, including a $100 million fund specifically for affordable housing.
For low-income Americans, statistics from the National Low Income Housing Coalition show that nationally there is a shortage of more than 7 million affordable homes for the more than 10.8 million ...
NLIHC was founded in 1974 by Cushing Dolbeare, a housing policy analyst and consultant. [3] [4] Initially named the Ad Hoc Low Income Housing Coalition and incorporated as the National Low Income Housing Coalition five years later, Dolbeare created the organization in response to Nixon's 1973 moratorium on federal housing subsidies.
Since 1987, the Low Income Housing Tax Credit has become the most important resource for creating affordable housing in the United States, responsible for more than three million units of affordable housing. [4] NEF has invested over $16.75 billion in 2,494 housing developments, creating 158,907 affordable homes since its founding in 1987.
According to the National Low Income Housing Coalition, no state in the U.S. has an adequate supply of affordable housing. There's an estimated shortage of 7.3 million affordable rental homes ...
Somerville is a borough in and the county seat of Somerset County, in the U.S. state of New Jersey. [19] [20] The borough is located in the heart of the Raritan Valley region within the New York Metropolitan Area, located about 33 miles (53 km) from Manhattan and 20 miles (32 km) from Staten Island.
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