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Jan. 15—Three long-delayed Oahu public housing redevelopment projects took big steps forward last week and could produce 554 new homes in 2026 and 911 more in 2028. Most of these 1,465 homes ...
From as low as $12.95 /mo. The city and state have opened — and plan to open — more homeless housing across Oahu following the closure of some shelters and reduced bed space during the COVID ...
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 ...
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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 Office of Public and Indian Housing (PIH) is an agency of the U.S. Department of Housing and Urban Development. Its mission is to ensure safe, decent, and affordable housing , create opportunities for residents' self-sufficiency and economic independence, and assure the fiscal integrity of all program participants.
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