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The organization has recently acquired an 8.1-acre property near Brevard, where it plans to build 33 affordable homes. “If asked what keeps me up at night, my response would be the speed in ...
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 ...
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 ...
$700,000+ Cost of housing by State This article contains a list of U.S. states and the District of Columbia by median home price , according to data from Zillow . List U.S. states and D.C. by median home price
Lumberton has some of North Carolina’s lowest median rent prices ($665), home prices ($222,575), and property tax rates ($685). The average cost of living is 28.5% below the national average.
Asheville voters in 2016 approved $25 million in taxpayer-funded bond borrowing for affordable housing. The city now has another affordable housing bond referendum slated for the Nov. 5 ballot ...
Carrfour Supportive Housing is a nonprofit organization established in 1993 by the Homeless Committee of the Greater Miami Chamber of Commerce. It develops, operates and manages affordable and supportive housing communities for low-income individuals and families in Miami-Dade County, Florida. Carrfour is Florida's largest not-for-profit ...
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.