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Laurel Homes Historic District is a registered historic district in Cincinnati, Ohio, listed in the National Register of Historic Places on May 19, 1987. It contained 29 contributing buildings. All but three of the historic low-income public housing projects was razed between 2000–02 to make way for new condominiums.
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 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 ...
The subsidy amount is typically based on the tenant's income, usually the difference between the rent and 30% of the tenant's gross income, but other formulas have been used. [4] According to a 2018 study, major cuts in rental subsidies for poor households in the United Kingdom led to lowered house prices. [5]
Location of Richland County in Ohio This is intended to be a complete list of the properties and districts on the National Register of Historic Places in Richland County , Ohio , United States . The locations of National Register properties and districts for which the latitude and longitude coordinates are included below, may be seen in an ...
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Location of Miami County in Ohio. This is a list of the National Register of Historic Places listings in Miami County, Ohio. This is intended to be a complete list of the properties and districts on the National Register of Historic Places in Miami County, Ohio, United States. The locations of National Register properties and districts for ...
Based on analysis by SmartAsset, Hanson’s net income of $400,000 would easily put him in the top 5% in his home state of Texas. By his own admission, the success of his construction business and ...
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