Search results
Results from the WOW.Com Content Network
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 ...
There are about 135 million homes in the United States as of 2016. [17] Housing researchers generally conclude that the supply of housing in the United States is too low to meet demand, [20] resulting in an affordability crisis. [21] [16] Among the renting population, nearly half pay more than 30% of their income toward rent. [21]
In the 19th century, housing development in the United States was characterized by rapid urban growth in economically productive places. [12] Throughout the 20th century, however, a number of regulations that were designed to block in-fill and direct greenfield development took hold, such as exclusionary zoning. These regulations had the net ...
Though a growing industry, build-to-rent communities made up only 7.9% of new residential constructions last year.
According to Zumper’s National Rent Report, numbers are flat over last month for the national median rent in one- and two-bedroom homes. Respectively, these amounts are $1,496 and $1,847 ...
Since the pandemic, utility bills have doubled for one out of every six homes, with 20 million households falling behind on paying utilities, according to Bloomberg. ... 800-290-4726 more ways to ...
However, federal regulations require that every single government that receives funds must provide 25 cents on their own for every HOME dollar used. [2] If for example a state plans to use $1 million of HOME funds during the year, HUD provides $750,000 (75%) and the State must provide $250,000 (25%) for the program to achieve the $1 million goal.
Australians buying a home for the first time are eligible for a first homeowner grant. These grants were introduced on 1 July 2000, and are jointly funded by the Commonwealth government and the state and territory governments. First home buyers are currently eligible for a grant of A$7000 to alleviate the costs of entering the housing market. [3]