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The National Low Income Housing Coalition keeps track of all the rental assistance programs available on its website. Renters in need can start there to find a program in their area.
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 ...
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.
Non-profit housing is owned and managed by private non-profit groups such as churches, ethnocultural communities or by governments. Many units are provided by community development corporations (CDCs). They use private funding and government subsidies to support a rent-geared-towards-income program for low-income tenants. [7] [8] [clarification ...
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
Rosamond is an unincorporated community in Kern County, California, US, near the Los Angeles county line. Rosamond is part of Greater Los Angeles and is located in the Mojave Desert just north of Lancaster and Palmdale, two of the largest cities in Antelope Valley. As of the 2020 Census, Rosamond's population was 21,071. [4]
The median household income was $61,169 and the median family income was $64,583. Males had a median income of $61,834 versus $31,591 for females. The per capita income for the CDP was $27,388. About 5.4% of families and 7.2% of the population were below the poverty line, including 10.3% of those under age 18 and 7.0% of those age 65 or over.
The median household income was $31,875 and the median family income was $29,402. Males had a median income of $17,804 versus $12,885 for females. The per capita income for the CDP was $8,317. About 26.4% of families and 30.6% of the population were below the poverty line, including 36.5% of those under age 18 and 25.8% of those age 65 or over.
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