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  2. Affordable housing development Route 66 Flats breaks ground ...

    www.aol.com/affordable-housing-development-route...

    The project's cost is an estimated $16.6 million and Housing New Mexico, otherwise known as the New Mexico Mortgage Finance Authority, is providing $14.2 million in federal Low-Income Housing Tax ...

  3. Subsidized housing in the United States - Wikipedia

    en.wikipedia.org/wiki/Subsidized_housing_in_the...

    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 ...

  4. Low-income senior apartments in high demand on church ... - AOL

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    The federal grant program that sustains the development requires apartments to be rented out exclusively to low-income tenants — some of whom are at or below 30% of the area median income, some ...

  5. Affordable housing - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing

    In some countries, public housing is focused on providing affordable housing for low-income earners while in others, such as Singapore, citizens across a wide range of incomes live in public housing. [ 142 ] [ 143 ] In Vienna, Austria, social housing may be completely government built and run or include a mixture of public land and private ...

  6. Affordable housing in the United States - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing_in_the...

    The LIHTC, established in 1986, stands as a groundbreaking departure from the typical structure of supply-side housing programs, which primarily relied on subsidizing low-income housing. As of 2010, this innovative approach yielded the construction of 1.5 million low-income housing units. [38]

  7. Low-income seniors told to move as developer buys historic ...

    www.aol.com/low-income-seniors-told-move...

    An affordable housing complex serving seniors in downtown Columbia has been sold, forcing its low-income residents to find new homes. The buyer is pitching a $1.4 million restoration of the ...

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