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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.
The Inclusive Communities Project is a Texas-based non-profit organization that helps low-income families obtain affordable housing. [5] In 2008, they filed suit against the Texas agency responsible for administering these tax credits, claiming it disproportionately allocated too many tax credits "in predominantly black inner-city areas and too ...
In both large metropolitan areas and regional towns where housing prices are high, a lack of affordable housing places local firms at a competitive disadvantage. They are placed under wage pressures as they attempt to decrease the income/housing price gap. Key workers have fewer housing choices if prices rise to non-affordable levels.
The Empowerment Zone Program consists of three US congressional designations. [2] The Renewal Communities (RCs), Empowerment Zones (EZs) and Enterprise Communities (ECs) are highly distressed urban and rural communities that may be eligible for a combination of grants, tax credits for businesses, bonding authority and other benefits.
The following is a list of the world's largest publicly traded financial services companies, ordered by annual sales for the latest Fiscal Year in millions of U.S. dollars according to the Fortune Global 500. (Currently the top 50 public companies are included, while privately held companies are not included).
This category has the following 15 subcategories, out of 15 total. -Private equity firms based in Washington, D.C. (1 C, 5 P) A. ... Avenue Capital Group; Avista ...
Following adoption of Proposition 13, other methods of allocating the assessment among participating businesses were required. Parking and Business Improvement Area Law of 1989 followed the 1965 statute, and is the first known tourism improvement district enabling law. This act allows for a municipality to initiate the process to form the ...
Pages in category "Companies based in Boston" The following 200 pages are in this category, out of approximately 306 total. This list may not reflect recent changes .