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  2. HOME Investment Partnerships Program - Wikipedia

    en.wikipedia.org/wiki/HOME_Investment...

    The families either pay a monthly rent or may purchase the housing unit for an affordable price. [2] Site acquisition or improvement – In this type of activity, HOME funds purchase property that is later developed as affordable housing. This activity also covers the improvement and rehabilitation of current affordable housing. [2]

  3. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    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.

  4. Section 8 (housing) - Wikipedia

    en.wikipedia.org/wiki/Section_8_(housing)

    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 ...

  5. 15 Safe and Affordable Cities in North Carolina for Retirees

    www.aol.com/finance/15-safe-affordable-cities...

    Welcome to North Carolina, where the cost of living is lower than the national average. In this state, the average home value is $329,341, according to Zillow.

  6. Development of non-profit housing in the United States

    en.wikipedia.org/wiki/Development_of_non-profit...

    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.

  7. Overriding local zoning won’t solve North Carolina’s housing ...

    www.aol.com/news/overriding-local-zoning-won-t...

    In North Carolina, particularly in its fast-growing cities, there is an acute shortage of affordable housing. The median home price rose by 25 percent in 2021 and bumped up an estimated 5 percent ...

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