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A mobile home headed to Arkansas in 2007. Housing in Arkansas takes a variety of forms, from single-family homes to apartment complexes. Arkansas had a homeownership rate of 65.2% in 2017. [1] Issues related to housing in Arkansas include homeownership, affordable housing, housing insecurity, zoning, and homelessness.
The down payment can help fund new housing or the rehabilitation of a family's existing housing. [2] Building or rehabilitation of housing for rent or ownership – In this type of activity, HOME funds may fund the building of housing units that the government provides to low-income families. The families either pay a monthly rent or may ...
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 ...
The main Section 8 program involves the voucher program. A voucher may be either "project-based"—where its use is limited to a specific apartment complex (public housing agencies (PHAs) may reserve up to 20% of its vouchers as such [11])—or "tenant-based", where the tenant is free to choose a unit in the private sector, is not limited to specific complexes, and may reside anywhere in 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 Housing Act of 1937 (Pub. L. 75–412, 50 Stat. 888, enacted September 1, 1937), formally the "United States Housing Act of 1937" and sometimes called the Wagner–Steagall Act, provided for subsidies to be paid from the United States federal government to local public housing agencies (LHAs) to improve living conditions for low-income families.
Public housing high-rise in the Inner-City Sydney Sydney suburb of Waterloo, two of 11 such towers in three different estates spread across the suburbs of Waterloo, Redfern and Surry Hills. Public housing in Australia, also referred to as "housing commission", is managed by the states, with funding provided by both the state and federal ...
The FPHA was replaced by the Public Housing Administration (PHA) within the Housing and Home Finance Agency pursuant to Reorganization Plan No. 3 of 1947, effective July 27, 1947. The PHA was abolished and superseded by the Department of Housing and Urban Development by the Department of Housing and Urban Development Act (79 Stat. 667 ...