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LA's Emergency Renters Assistance Program has been amended to supply 100% of tenants' unpaid rent for April 1, 2020, through March 31, 2021 (up from 80% for people whose landlord agreed to waive ...
The first, approved in December, provided $25 billion for rental relief. The second, approved in March, provides more than $21 billion. In general the aid can help pay for back rent, next month's ...
The U.S. Department of the Treasury reported on Monday, Nov. 29, that state and local governments offered rental assistance to more than 521,000 renters and landlords in October through the ...
Kamala Harris discussing the Rent Relief Act. The Rent Relief Act was a U.S. federal bill proposed by Kamala Harris in 2018 that would offer tax credits to renters who earn less than $100,000 and spend over 30 percent of their income on rent and utilities. [1] Kamala Harris stated that the bill "[bolster] the economic security of working ...
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.
Gov. Andrew Cuomo announced last July that New York would spend $100 million in federal coronavirus relief to help cash-strapped tenants pay months of back rent and avert evictions. More than ...
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