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  2. Illinois Housing Development Authority - Wikipedia

    en.wikipedia.org/wiki/Illinois_Housing...

    The Authority's original mission statement called for it to provide decent, safe, and sanitary housing to persons of low and moderate income. This has led to IHDA's role as a principal provider of financing for multi-unit housing projects dedicated to Illinois senior citizens. [1]

  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. Section 8 (housing) - Wikipedia

    en.wikipedia.org/wiki/Section_8_(housing)

    In the 1970s, when studies showed that the worst housing problem afflicting low-income people was no longer substandard housing, but the high percentage of income spent on housing, Congress passed the Housing and Community Development Act of 1974, further amending the U.S. Housing Act of 1937 to create the Section 8 Program. In the Section 8 ...

  5. Controversy erupts over low-income housing plan for trendy ...

    www.aol.com/controversy-erupts-over-low-income...

    But after the Brush Park CDC gave the plan a thumbs up, it switched from senior housing to 100% affordable housing — with some units reserved for those whose incomes are 30% or less of the area ...

  6. Altgeld Gardens Homes - Wikipedia

    en.wikipedia.org/wiki/Altgeld_Gardens_Homes

    Altgeld Gardens is a 99% minority public housing community hosting 8,000 community members, 90% of whom are black and 63% of whom are living below the poverty line. [7] There is the highest percentage of people living in poverty and the lowest per capita income in the city. [7]

  7. Retirement Warning: More Than 11 Million Middle-Income ... - AOL

    www.aol.com/retirement-warning-more-11-million...

    Seniors who fall into the middle-income bracket could face a huge problem 10 years from now, with many lacking the money to afford assisted living while also having too much money to qualify for...

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