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Feb. 9—Maine needs 25,000 more affordable homes, but even when it builds new housing, the elderly and others who need it most cannot afford it, the head of an affordable housing agency said on ...
The program has helped more than 33,000 households and spent more than $275 million, MaineHousing officials said. Maine pauses rental assistance program launched in pandemic Skip to main content
(The Center Square) — Chronic workforce shortages and a lack of affordable housing are throttling down Maine's economic growth, according to a new report that calls for increased funding and ...
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 ...
It is proposed that the National Housing Trust Fund will then provide block grants to states to be used primarily to build, preserve, rehabilitate, and operate rental housing that is affordable to the lowest income households, and groups including seniors, disabled persons and low income workers. Rep.
The LIHTC program has helped meet a critical affordable housing shortage by stimulating the production or rehabilitation of nearly 2.4 million affordable homes since 1986. Through development activity, the LIHTC creates and supports approximately 95,000 jobs annually - the majority of which are small business sector jobs [ citation needed ] .
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