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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 ...
Queensbridge Houses, also known simply as Queensbridge or QB, is a public housing development in the Long Island City neighborhood of Queens, New York City.Owned by the New York City Housing Authority, the development contains 96 buildings and 3,142 units accommodating approximately 7,000 people in two separate complexes (North and South). [1]
Long Island City: 26 6 3,142 March 15, 1940 the largest public housing complex in the United States. The oldest Public Housing development in Queens: Ravenswood Houses: Long Island City: 31 6 and 7 2,167 July 31, 1951 Redfern Houses: Far Rockaway: 9 6 and 7 604 June 1, 1959 Rehab Program: College Point: Shelton Houses: South Jamaica: 1 12 155 ...
NYCHA is a public-benefit corporation, controlled by the Mayor of New York City, and organized under the State's Public Housing Law. [6] [11] The NYCHA ("NYCHA Board") consists of seven members, of which the chairman is appointed by and serves at the pleasure of the Mayor of New York City, while the others are appointed for three-year terms by the mayor. [12]
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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