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Scottdale is located at (33.794337, -84.262110 The unincorporated community is centered on East Ponce de Leon Avenue, between Decatur and Clarkston.The northern boundary is Stone Mountain Freeway; the eastern boundary is Interstate 285; the western boundary is roughly DeKalb Industrial Way; and the southern boundary is roughly the city limits of Avondale Estates.
Non-profit housing is owned and managed by private non-profit groups such as churches, ethnocultural communities or by governments. Many units are provided by community development corporations (CDCs). They use private funding and government subsidies to support a rent-geared-towards-income program for low-income tenants. [7] [8] [clarification ...
County Per capita income Median household income Median family income Population Number of households 1 Forsyth: ... DeKalb: $28,412 $51,349 $60,718 691,893
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 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 median income for a household was $114,570, with family households having a median income of $188,477 and non-family households $81,572. The per capita income was $74,964. [ 68 ] [ 69 ] Males working full-time jobs had median earnings of $104,841 compared to $86,519 for females. [ 70 ]
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