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2. Low-Income Housing Tax Credit - Wikipedia

   en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

   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.

3. Development of non-profit housing in the United States

   en.wikipedia.org/wiki/Development_of_non-profit...

   Non-profit housing developers build affordable housing for individuals under-served by the private market. The non-profit housing sector is composed of community development corporations (CDC) and national and regional non-profit housing organizations whose mission is to provide for the needy, the elderly, working households, and others that the private housing market does not adequately serve.

4. Fairfax Intergenerational Housing Griot Village - Wikipedia

   en.wikipedia.org/wiki/Fairfax_Intergenerational...

   Griot Village is the winner of the National Association of Housing and Redevelopment Officials (NAHRO) 2014 Agency Awards of Merit. The project won the 2014 Developments of Distinction Award: LIHTC Development that Best Exemplifies Major Community Impact given by Novogradac Journal of Tax Credits, which recognized exceptional achievement in the development of properties using the low-income ...

5. San Diego County approves rental assistance for low income ...

   www.aol.com/news/san-diego-county-approves...

   San Diego County is hoping a new program will keep low-income seniors off the streets before they even get close to homelessness. San Diego County approves rental assistance for low income seniors ...

6. 80/20 housing - Wikipedia

   en.wikipedia.org/wiki/80/20_housing

   There are two options for multifamily rental developments that wish to qualify for tax-free funding through the 80/20 housing program. The first way to meet qualifications is developers must reserve 20 percent of units in the development for households making less than half of the area's median income (AMI).

7. Affordable housing in the United States - Wikipedia

   en.wikipedia.org/wiki/Affordable_housing_in_the...

   This, in turn, has driven a surge in the number of individuals and families opting to rent homes, causing greater rental expenses. [5] The National Low Income Housing Coalition (NLIHC) released its annual report, Out of Reach: The High Cost of Housing in June, 2023. This report underlines the disparity between people's earnings and the cost of ...