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The Section 202 program helps expand the supply of affordable housing with supportive services for seniors. This program gives low-income seniors options that allow them to live independently ...
Interest in creative affordable housing models. ... D.C., is an apartment building that houses young mothers who have aged out of foster care and low-income seniors who help them out.
Senior citizens with lower incomes may have more living options in the future. Two proposed affordable housing complexes in Corpus Christi would, if one is ultimately approved for tax credits ...
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 ...
The down payment can help fund new housing or the rehabilitation of a family's existing housing. [2] Building or rehabilitation of housing for rent or ownership – In this type of activity, HOME funds may fund the building of housing units that the government provides to low-income families. The families either pay a monthly rent or may ...
The Trust Fund is intended to complement existing federal funding sources for affordable housing. By law 90% of fund are to support activities that build, preserve, repair, and operate rental housing for low-and very-low income households.
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