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Senior citizen highrise with 150 apartments located at the southwest corner of Centennial Olympic Park Drive and North Avenue. Built 1973. Named for Franklin Delano Roosevelt, the American president who with Atlanta developer Charles Forrest Palmer founded the national public housing policy. Contained 150 apartments. The last residents left in ...
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.
Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...
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Independent senior living communities commonly provide apartments, but some also offer cottages, condominiums, and single-family homes. Residents include seniors who do not require assistance with daily activities or 24/7 skilled nursing, but may benefit from convenient services, senior-friendly surroundings, and increased social opportunities ...
The median sale price is around $282,500, but condos are available for as little as $146,000. ... This 55+ community offers affordable housing options and a low-maintenance lifestyle for retirees ...
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