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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 ...
Central Ohio must add around 200,000 housing units throughout the next 10 years as the region's population begins to swell to more than 3.1 million, said Columbus City Councilman Rob Dorans. As of ...
An age-restricted community is a residential community, often gated, that legally discriminates on the basis of age to limit residency to a majority fraction of older individuals—typically 80% over a set age. The minimum age is frequently set at 55 years old, but it can vary.
They may serve people of all income levels, e.g., those who get together to furnish cost-effective transportation services; they may involve low-income residents receiving a richer mix of public services through a NORC model; or they may serve relatively affluent households and charge $1,000 or even more in annual dues to support staffers who ...
The Residence Club, if approved, seeks to construct two buildings of one- and two-bedroom apartments. The project would be spread across 5.3 acres of forested land west of Gunning River Road.
An affordable housing complex serving seniors in downtown Columbia has been sold, forcing its low-income residents to find new homes. The buyer is pitching a $1.4 million restoration of the ...
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