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On April 1, 2016, the Federal Communications Commission voted to expand the Lifeline telephone subsidy for low-income Americans to include Internet access. On April 27, 2016, the full text of the ruling was released. The key points of the decision include: Establishes a National Eligibility Verifier to verify eligible Lifeline subscribers.
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 ...
The FCC approved the $3.2 billion Emergency Broadband Benefit Program that provides a benefit of up to $50 a month for broadband service and up to $75 a month for Tribal area residents.
Starting from scratch with a new subsidy program, while also building digital literacy among low income consumers, could be a better alternative after the election, some people close to the ...
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.
The Section 3 program requires that recipients of certain HUD financial assistance, to the greatest extent feasible, provide job training, employment, and contracting opportunities for low- or very low- income residents in connection with projects and activities in their neighborhoods.
Cook County has their plan and we're working also on something in Illinois.” As part of the county’s plan set to go into effect early in 2025, residents deemed eligible for the program will ...
The subsidy amount is typically based on the tenant's income, usually the difference between the rent and 30% of the tenant's gross income, but other formulas have been used. [4] According to a 2018 study, major cuts in rental subsidies for poor households in the United Kingdom led to lowered house prices. [5]