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The New York City Housing Authority (NYCHA) is a public development corporation which provides public housing in New York City, and is the largest public housing authority in North America. Created in 1934 as the first agency of its kind in the United States, it aims to provide decent, affordable housing for low- and moderate-income New Yorkers ...
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 definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
The Crown Heights Tenant Union (CHTU) is a tenants union created in October 2013 to unify old and new tenants against the gentrification of the neighborhood of Crown Heights, Brooklyn, New York City. [ 1 ] [ 2 ] The CHTU has pushed for local collective bargaining agreements between tenants and landlords to be written into the deeds of buildings ...
Starrett City (also known as the Spring Creek Towers) is a housing development in the Spring Creek section of East New York in the New York City borough of Brooklyn.It is located on a peninsula on the north shore of Jamaica Bay, bounded by Fresh Creek and Canarsie to the west and Hendrix Creek to the east.
Housing researchers generally conclude that the supply of housing in the United States is too low to meet demand, [22] resulting in an affordability crisis. [23] [18] Among the renting population, nearly half pay more than 30% of their income toward rent. [23]
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