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Visit the website of the National Low Income Housing Coalition, which provides a state-by-state list of the 360-plus programs that provide assistance to struggling renters.
The bond’s author said she plans to “fight like hell” to get it on California’s November ballot. California bond could raise $10 billion for housing. Can it survive a state borrowing grab?
California started its rent relief program in March 2021 to help eligible tenants pay off back rent that accumulated during the pandemic. HCD administers the program, which closed to new ...
Kamala Harris discussing the Rent Relief Act. The Rent Relief Act was a U.S. federal bill proposed by Kamala Harris in 2018 that would offer tax credits to renters who earn less than $100,000 and spend over 30 percent of their income on rent and utilities. [1] Kamala Harris stated that the bill "[bolster] the economic security of working ...
In 2023, the LIHTC program is estimated to cost the government an average of $13.5 billion annually. [1] A 2018 report by the GAO covering the years 2011-2015 found that the LIHTC program financed about 50,000 low-income rental units annually, with median costs per unit for new construction ranging from $126,000 in Texas to $326,000 in California.
Proposition 1, also known as Prop 1 or Housing Programs and Veterans' Loans Bond, was a California ballot proposition which was intended to approve $4,000,000,000 in general obligation bonds for projects related to housing and housing loans for veterans. It passed in the November 2018 California elections. [1]
The California Department of Housing and Community Development has sent “recapture” emails to about 5,400 tenants and landlords who received COVID-19 rent relief funds, the agency told The ...
The California Housing Finance Agency (CalHFA), established in 1975, is an independent California state agency within the California Department of Housing and Community Development that makes low-rate housing loans through the sale of taxable and tax exempt bonds.
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