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A new 113-unit affordable housing option for low-wage families, the San Juan Apartments, will open in 2026. ... In Sacramento County, the median income for a family of four is $113,900, for ...
According to an assessment by the Sacramento Area Council of Governments, the city needs to add more than 3,500 units of housing affordable to very low- and low-income earners this decade.
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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 ...
Once complete, Marisol Village will offer 487 units to form a mixed-income complex. See more in the video above. Where you can find affordable housing in the greater Sacramento area [Video]
Non-profit housing is owned and managed by private non-profit groups such as churches, ethnocultural communities or by governments. Many units are provided by community development corporations (CDCs). They use private funding and government subsidies to support a rent-geared-towards-income program for low-income tenants. [7] [8] [clarification ...
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