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Almost two years ago, Walt Disney World announced it was dedicating nearly 80 acres of land for a new affordable housing project in Orange County, which would include about 1,400 units of mixed ...
To find out which Florida housing markets buyers should avoid based on housing affordability, interest rates and more, GOBankingRates analyzed the average single-family home value from September ...
In September 2023, there were 143,865 homes for sale in Florida, according to Redfin. That was up 3.4% from the previous year. The number of newly listed homes came in at 41,113, a gain of 12%.
The LIHTC, established in 1986, stands as a groundbreaking departure from the typical structure of supply-side housing programs, which primarily relied on subsidizing low-income housing. As of 2010, this innovative approach yielded the construction of 1.5 million low-income housing units. [33]
The reduction contained in Florida Statutes should not be confused by the Florida Constitution homestead exemption which protects the homestead from forced sale except under certain circumstances. Florida property tax homestead exemption reduces the value of a home for assessment of property taxes by $50,000, so a home that was actually worth ...
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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