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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 ...
The passage of the federal Older Americans Act in 1965 created a nationwide aging network consisting of the federal Administration on Aging, along with state offices and local area agencies. In 1968, New York City established the Mayor's Office for the Aging, which was funded as a three-year demonstration project by the Older Americans Act.
The Administration on Aging (AoA) is an agency within the Administration for Community Living of the United States Department of Health and Human Services.AoA works to ensure that older Americans can stay independent in their communities, mostly by awarding grants to States, Native American tribal organizations, and local communities to support programs authorized by Congress in the Older ...
Older Americans Act of 1965: Long title: To provide assistance in the development of new or improved programs to help older persons through grants to the States for community planning and services and for training, through research, development, or training project grants, and to establish within the Department of Health, Education, and Welfare an operating agency to be designated as the ...
The report notes that 11.2 million older adults spent over 30% of their income on housing in 2021, and only 36.5% of eligible households received federal housing assistance.
[10] [11] For example, even though New York is the state with the highest inequality, Upstate New York has much less income inequality than Downstate New York, because the economy of New York City (Gini index 0.5469) [12] relies greatly on high-salary earners. [11]
The ACA creates a new minimum standard allowing legal U.S. residents with incomes just above the poverty level to enroll in the program. The federal government will cover no less than 90 percent of the new spending. Five states and the District of Columbia begin phasing in the expansion early during 2010 and 2011. June 2012
One of the 2010 law’s primary means to achieve that goal is expanding Medicaid eligibility to more people near the poverty level. But a crucial Supreme Court ruling in 2012 granted states the power to reject the Medicaid expansion, entrenching a two-tiered health care system in America, where the uninsured rate remains disproportionately high ...