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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. Subsidized housing in the United States - Wikipedia

    en.wikipedia.org/wiki/Subsidized_housing_in_the...

    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 ...

  4. Section 521 rental assistance - Wikipedia

    en.wikipedia.org/wiki/Section_521_rental_assistance

    Owners of housing financed under Section 515 or Section 514 may receive rental assistance payments from the Rural Housing Service (RHS). The assistance payments enable eligible tenants to make monthly rent payments that do not exceed the greater of: (1) 30% of monthly adjusted family income; (2) 10 percent of monthly income; or, (3) the portion ...

  5. Over 610,000 more college students will qualify for crucial ...

    www.aol.com/finance/over-610-000-more-college...

    FAFSA is how students apply for financial aid such as the Pell Grant and federal student loans. "To qualify for financial aid — grants, scholarships, work study, and loans — financial aid ...

  6. Section 8 (housing) - Wikipedia

    en.wikipedia.org/wiki/Section_8_(housing)

    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 ...

  7. Home improvement grants for seniors: 2024 options - AOL

    www.aol.com/finance/home-improvement-grants...

    The USDA Single Family Housing Repair Loans and Grants program assists homeowners aged 62 and older. The program exists to help promote “safe, decent housing for older adults in rural areas.”

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