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From its existence, the Utah Housing Corporation has provided financing for more than 65,000 Utah home buyers, 22,500 affordable rental units, and over 7,200 special needs units of housing. [citation needed] To fund itself, the Utah Housing Corporation uses bonds and mortgage-backed securities. UHC issued its very first bond in 1977.
Non-profit housing is owned and managed by private non-profit groups such as churches, ethnocultural communities or by governments. Many units are provided by community development corporations (CDCs). They use private funding and government subsidies to support a rent-geared-towards-income program for low-income tenants. [7] [8] [clarification ...
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.
Southwestern Utah remained one of the hottest real estate markets in the U.S. this summer, according to the latest home price statistics. Average home prices in Southern Utah’s St. George, Cedar ...
Other popular states for age-restricted communities include Oregon, North Carolina, South Carolina, Pennsylvania, and Utah. [ 10 ] While in the United States discrimination in housing is generally prohibited, the Fair Housing Act of 1968 [ 11 ] and the Housing for Older Persons Act of 1995 (109 STAT. 787) [ 12 ] allow communities to restrict ...
Utah has the eleventh lowest per capita income in the United States of America, at $18,185 (2000). Its personal per capita income is $24,977 (2003). Utah counties ranked by per capita income
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