Search results
Results from the WOW.Com Content Network
In 2009, the trust had $43 million in assets, nearly 1,500 apartments, 440 owner-occupied homes, and 15 commercial buildings. [4] As of 2018 the Champlain Housing Trust's assets were valued at $144 million, with more than 6,000 people sleeping in CHT properties every night.
The Champlain Housing Trust, currently the largest community land trust in the United States, serving a three-county area in northwestern Vermont and managing a portfolio of over 2,000 units of affordable housing. The Northwest Community Land Trust Coalition; CLT East, Professional advice and technical support in the East of England for ...
Since the program's inception, the Trust has assisted more than 7,000 first-time homeowners with low-interest second mortgages, helped construct 15,000 units of affordable rental housing. [35] The Trust funds programs for first or second mortgages, property acquisition for affordable housing cooperatives, or new construction.
The CDBG program was enacted in 1974 by President Gerald Ford through the Housing and Community Development Act of 1974 and took effect in January 1975. Most directly, the law was a response to the Nixon administration's 1973 funding moratorium on many Department of Housing and Urban Development (HUD) programs. [1]
The New York State Housing Finance Agency (HFA) is a New York State public-benefit corporation created in 1960 to increase the supply of rental housing for low-income people by issuing bonds and providing low-interest mortgage loans to regulated housing companies. [1] The Housing Trust Fund Corporation (HTFC) focuses on the broader goal of ...
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 ...
Charitable trusts in English law are a form of express trust dedicated to charitable goals. There are various advantages to charitable trust status, including exemption from most forms of tax and freedom for the trustees not found in other types of English trusts. To be a valid charitable trust, the organization must demonstrate both a ...
In corporate law, the directors register is a list of the directors elected by the shareholders, generally stored in the company's minute book.By law, companies are required to keep this list up to date to remove those directors who are deceased or resign, and to add those who have been elected by the shareholders [1] However, the register must also list any person who had been a director ...