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  2. Forest Hills Co-op Houses - Wikipedia

    en.wikipedia.org/wiki/Forest_Hills_Co-op_Houses

    The Forest Hills Houses were the first co-operative public low-income housing in the city. On the site of the projects was also the Forest Hills Community House, which has programs for projects residents and neighbors of all ages. Construction commenced in 1971 amid violent protests. In 1976, the buildings were completed.

  3. New York State Division of Housing and Community Renewal

    en.wikipedia.org/wiki/New_York_State_Division_of...

    The New York State Division of Housing and Community Renewal (DHCR) is an agency of the New York state government [ 1 ] responsible for administering housing and community development programs to promote affordable housing, community revitalization, and economic growth. Its primary functions include supervising rent regulations through the ...

  4. Mitchell–Lama Housing Program - Wikipedia

    en.wikipedia.org/wiki/Mitchell–Lama_Housing...

    The Mitchell–Lama Housing Program is a non-subsidy governmental housing guarantee in the state of New York. It was sponsored by New York State Senator MacNeil Mitchell and Assemblyman Alfred A. Lama. It was signed into law in 1955 as The Limited-Profit Housing Companies Act (now officially contained in 1962 Private Housing Finance law ...

  5. Affordable housing in the United States - Wikipedia

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

    The report's key figure, the "Housing Wage," reveals the hourly earnings necessary for full-time workers to afford fair market rental homes without exceeding 30% of their incomes. Nationally, the 2023 Housing Wage is $28.58 per hour for a modest two-bedroom home and $23.67 per hour for a one-bedroom home.

  6. Cheapest housing markets in the U.S. - AOL

    www.aol.com/finance/cheapest-housing-markets-u...

    Ten of the cheapest housing markets in the U.S., ... The median household income increased by only $6,005 between 2001 and 2021, from $64,779 to $70,784, and median home sale prices increased by ...

  7. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    The Low-Income Housing Tax Credit (LIHTC) is a federal program in the United States that awards tax credits to housing developers in exchange for agreeing to reserve a certain fraction of rent-restricted units for lower-income households. [ 1 ] The program was created under the Tax Reform Act of 1986 (TRA86) to incentivize the use of private ...

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