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  2. Mortgage Credit Certificate - Wikipedia

    en.wikipedia.org/wiki/Mortgage_Credit_Certificate

    As an example, if a homebuyer were to receive an MCC that offers a 30% credit on a $200,000 loan for 30 years with a rate of 6%, the allowable tax credit would be figured as follows (all numbers rounded): Mortgage Interest Paid (1st Year): $11,933; x MCC Credit: 30% = Total Credit: $3579

  3. Affordable housing - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing

    For example, a composite HAI of 120.0 means a family earning the median family income has 120% of the income necessary to qualify for a conventional loan covering 80 percent of a median-priced existing single-family home. [30] An increase in the HAI shows that this family is more able to afford the median-priced home. [30]

  4. Brooklyn - Wikipedia

    en.wikipedia.org/wiki/Brooklyn

    Brooklyn is also home to many banks and credit unions. According to the Federal Deposit Insurance Corporation, there were 37 banks and 26 credit unions operating in the borough in 2010. [124] [125] The rezoning of Downtown Brooklyn has generated over US$10 billion of private investment and $300 million in public improvements since 2004.

  5. Northwest Airlines - Wikipedia

    en.wikipedia.org/wiki/Northwest_Airlines

    For example, in 1993 Northwest pilots, ground workers, and flight attendants received stock and seats on the board of directors in exchange for pay cuts. [citation needed] As part of the agreement, Northwest was to buy back these preferred shares in 2003 but refused to do so, citing financial distress. [citation needed]

  6. Janet Yellen - Wikipedia

    en.wikipedia.org/wiki/Janet_Yellen

    Janet Louise Yellen (born August 13, 1946) is an American economist who served as the 78th United States secretary of the treasury from 2021 to 2025. She also served as chair of the Federal Reserve from 2014 to 2018.

  7. Economic history of the United States - Wikipedia

    en.wikipedia.org/wiki/Economic_history_of_the...

    The danger of interest bearing deposits became apparent when bankers had to call loans made to stock brokers, many of whom were unable to pay. Banks then had to curtail credit to commercial and industrial customers. Many businesses were unable to pay workers back wages because the banknotes they held were now worthless. [118]

  8. 2020 United States presidential election - Wikipedia

    en.wikipedia.org/wiki/2020_United_States...

    Trump claimed credit for the consistent economic expansion of his presidency's first three years, with the stock market at its longest growth period in history and unemployment at a fifty-year low. Additionally, he has touted the 2020 third-quarter rebound, in which GDP grew at an annualized rate of 33.1%, as evidence of the success of his ...

  9. BlackRock - Wikipedia

    en.wikipedia.org/wiki/BlackRock

    Private credit [92] 13 January 12, 2024: Global Infrastructure Partners United States: $12.5 billion ($3 billion in cash, rest in BlackRock shares) Infrastructure assets [66] 14 December 3, 2024 HPS Investment Partners United States: $12 billion ($9.3 billion in stock upon deal close, $3 billion in five years subject to targets) Private credit [93