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  2. Real Estate Definitions Every Seller Should Know - AOL

    www.aol.com/news/2010-09-14-terms-every-seller...

    When it comes to selling a home there's a lot to know beyond staging and setting a reasonable list price. As with any industry, there are real estate definitions (homestead, quit-claim) and a set ...

  3. United States Department of Housing and Urban Development

    en.wikipedia.org/wiki/United_States_Department...

    The idea of a department of Urban Affairs was proposed in a 1957 report to President Dwight D. Eisenhower, led by New York Governor Nelson A. Rockefeller. [3] The idea of a department of Housing and Urban Affairs was taken up by President John F. Kennedy, with Pennsylvania Senator and Kennedy ally Joseph S. Clark Jr. listing it as one of the top seven legislative priorities for the ...

  4. HOME Investment Partnerships Program - Wikipedia

    en.wikipedia.org/wiki/HOME_Investment...

    In other words, if say HUD determines that a local area's median income is $25,000, then the HOME funds awarded in that area should only benefit those families with incomes less than, or equal to, 80% of $25,000 (or $20,000). HUD publishes the area median incomes plus the 80% income limits every year in its website.

  5. Federal Housing Administration - Wikipedia

    en.wikipedia.org/wiki/Federal_Housing_Administration

    The Federal Housing Administration (FHA), also known as the Office of Housing within the Department of Housing and Urban Development (HUD), is a United States government agency founded by President Franklin Delano Roosevelt, established in part by the National Housing Act of 1934.

  6. Section 8 (housing) - Wikipedia

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

    The main Section 8 program involves the voucher program. A voucher may be either "project-based"—where its use is limited to a specific apartment complex (public housing agencies (PHAs) may reserve up to 20% of its vouchers as such [11])—or "tenant-based", where the tenant is free to choose a unit in the private sector, is not limited to specific complexes, and may reside anywhere in the ...

  7. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    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.

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