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FRANKFORT — A bill that could block Louisville, Lexington and other local governments from banning source-of-income discrimination in housing took a key step forward in the Kentucky legislature ...
An alternative to HIOs is the multiple-tenant income property (MTIP). HOAs and MTIPs have fundamentally different forms of governance. In a CID, dues are paid to a nonprofit association. In an MTIP, ground rents are paid to a landowner, who decides how to spend it. [16] In both cases, certain guidelines are set out by the covenant or the lease ...
In practice, these policies involve placing deed restrictions on 10–30% of new houses or apartments in order to make the cost of the housing affordable to lower-income households. The mix of " affordable housing " and "market-rate" housing in the same neighborhood is seen as beneficial by city planners and sociologists. [ 3 ]
Kentucky Housing Corporation was created in 1972 as a state housing finance agency by the General Assembly under the Mae Street Kidd Act with a $150,000 appropriation. In 1973, KHC originated its first bond issue totaling $51.2 million and received its first allocation from the United States Department of Housing and Urban Development (HUD) for 623 Section 8 New Construction units totaling $1. ...
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A property qualification is a clause or rule by which those without property (land), or those without property of a set appraised value, or those without income of a set value, are not enfranchised to vote in elections, to stand for election, to hold office or from other activities.
The individual income tax rate in Kentucky is set to drop again at the start of 2026. Republican leaders in the General Assembly announced this week that the state’s budget has hit the required ...
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