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It determines individuals eligible by having a household income of 50 percent or lower than the Area Median Income, by having a steady and verifiable income, with housing costs of 50 percent or less of the family income, or 45 percent or less of the individual's income.
Riverbend is a historic farming community that was annexed into the city in the late 1960s and early 1970s. It is home to Big Run Park, the American Legion, and Post Oak Station, an affordable housing project.
Learn about the history, types, and challenges of subsidized housing programs in the U.S. that provide rental assistance for low-income households. Find out how federal, state and local agencies administer and fund public housing, Section 8, and other forms of subsidized housing.
Sep. 24—Santa Fe County commissioners on Tuesday voted to support issuing up to $70 million in revenue bonds for the benefit of a proposed 312-unit affordable housing project south of the city.
The Franklin County Board of Commissioners granted $5 million in COVID-19 funds to the Affordable Housing Trust to help emerging minority developers.
Learn how the LIHTC program works, its history, and its impact on affordable housing in the US. The LIHTC program awards tax credits to housing developers who reserve units for lower-income households, and is funded by private equity and public-private partnerships.
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