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  2. St. Thomas Development - Wikipedia

    en.wikipedia.org/wiki/St._Thomas_Development

    St. Thomas Development was a notorious housing project in New Orleans, Louisiana.The project lay south of the Central City in the lower Garden District area. As defined by the City Planning Commission, its boundaries were Constance, St. Mary, Magazine Street and Felicity Streets to the north; the Mississippi River to the south; and 1st, St. Thomas, and Chippewa Streets, plus Jackson Avenue to ...

  3. Housing Authority of New Orleans - Wikipedia

    en.wikipedia.org/wiki/Housing_Authority_of_New...

    1] These are homes being built by the Department of Housing and Urban Development This picture shows the destruction of the 9th Ward after Katrina. Thousands of people displaced by their homes. The Housing Authority of New Orleans is a housing authority in New Orleans, Louisiana, tasked with providing housing to low-income residents.

  4. Subsidized housing in the United States - Wikipedia

    en.wikipedia.org/wiki/Subsidized_housing_in_the...

    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 ...

  5. Neighbors worried former St. John’s campus will turn into ...

    www.aol.com/news/neighbors-worried-former-st...

    Residents in a well-to-do Staten Island hill community overlooking New York harbor are worried that the former neighboring campus belonging to St. John's University will be converted into low ...

  6. Affordable housing in the United States - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing_in_the...

    The LIHTC, established in 1986, stands as a groundbreaking departure from the typical structure of supply-side housing programs, which primarily relied on subsidizing low-income housing. As of 2010, this innovative approach yielded the construction of 1.5 million low-income housing units. [38]

  7. 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.

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