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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.
Lexington is a village in Sanilac County in the U.S. state of Michigan. The population was 1,178 at the 2010 census . The village is located within Lexington Township .
Lexington Township is a civil township of Sanilac County in the U.S. state of Michigan. The population was 3,485 at the 2020 census . The village of Lexington is located within the township.
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The Lexington School is a former public school building located at 45 Lexington, NW, in Grand Rapids, Michigan, United States. It was listed on the National Register of Historic Places in 2013. [1] As of 2015, the building was slated for redevelopment into apartments. [2]
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As of the census [4] of 2000, there were 4,021 people, 1,619 households, and 1,143 families residing in the township. The population density was 103.8 inhabitants per square mile (40.1/km 2).