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Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...
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.
An analysis based upon in-depth interviews with 67 low-income Black mothers living in subsidized housing in Houston, Texas found that property owners and landlords often disproportionately surveil minority tenants. The surveillance that these mothers describe within their residences results in a lack of privacy within the home, increases the ...
New Mexico taxes all retirement income including Social Security with a deduction for seniors based on income. Low property taxes, combined with affordable median home costs, make it a contender ...
50. Bowling Green, Kentucky. 2022 average home value: $237,894 Livability score: 73 Median household income: $43,633 Unemployment rate: 3.2% Percentage of people below the poverty line: 25.0% ...
The first public housing project in Columbus opened in 1940. Poindexter Village, established in the present-day King-Lincoln Bronzeville neighborhood, was also one of the first public housing projects in the United States. The development was successful in keeping families out of homelessness and poverty until the late 20th century, when it ...
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