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In Alexander County, 17% of households struggle with housing costs, with renters accounting for 33% and homeowners 14%, according to a North Carolina Housing report.
Past councils have made progress on reforms to increase housing choice and supply, preserve and prolong the life of existing affordable units, and utilize city-owned land for housing development.
U.S. Census data of new privately-owned housing units completed annually shows the number of homes dropped dramatically after the 2008 housing market bubble burst and climbed back to a post-crash ...
The HOME Investment Partnerships Program (HOME) is a type of United States federal assistance that the U.S. Department of Housing and Urban Development (HUD) provides to states to create decent and affordable housing, particularly housing for low and very low income Americans. [1] It is the largest Federal block grant to states and local ...
about half did not. [1][2] The term "affordable housing" refers to housing that is considered economically accessible for individuals and families whose household income falls at or below the Area Median Income (AMI), as evaluated by either national or local government authorities through an officially recognized housing affordability index. [3 ...
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 [9])—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 ...
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