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The Oklahoma Housing Finance Agency (OHFA) is a non-profit organization which serves the people of Oklahoma by offering affordable housing resources, including loans and rent assistance. OHFA was created in 1975 when Governor of Oklahoma David L. Boren approved the agency's first trust indenture.
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 ...
For low-income families, affordable housing has been difficult to find, as for every 100 low-income households, only 80 affordable units exist. [7] Furthermore, the median price for a house in 2019 was 2.4 times the median household income, pushing home ownership out of reach even for middle-income individuals. [ 7 ]
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 ...
In 2020, the company had $11.8 billion in revenue and 4,500 employees. According to an economic impact study performed by the Center for Economic Development at Cleveland State University's Maxine Goodman Levin College of Urban Affairs, [25] CareSource fuels 8,400 Ohio jobs and $1 Billion of impact for Ohio.
25. Fort Wayne, Indiana. Typical home value: $235,574 Typical rent: $1,267 Unemployment rate: 4.1% Labor force participation rate: 66.2% Median household income: $58,233 Livability score (out of ...
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