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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 ...
Conroe is a city in and the county seat of Montgomery County, Texas, United States, about 40 miles (64 km) north of Houston.It is a principal city in the Houston–The Woodlands–Sugar Land metropolitan area.
The Housing and Community Development Act of 1974 was a United States federal law, which, among other provisions, amended the Housing Act of 1937 to create Section 8 housing, [7] authorized "Entitlement Communities Grants" to be awarded by HUD, and created the National Institute of Building Sciences. [8]
Section 8 housing vouchers provide housing assistance for low-income, elderly, and disabled individuals or families. [1] The term “source of income discrimination” is used by housing advocates [2] to describe a phenomenon that is legal nationwide in the United States but is increasingly being banned on the state [3] and city level. [4] [5 ...
Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...
Their main programs are Section 8 housing, Affordable Housing and Low-Income Housing. Opportunity Home is also one of the few housing authorities to develop their own units. In 2008, SAHA was listed as the 5th largest affordable housing developer in the United States with 1,205 units completed. [1]
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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.
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