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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 ...
t. e. The Low-Income Housing Tax Credit (LIHTC) is a federal program in the United States that awards tax credits to housing developers in exchange for agreeing to reserve a certain fraction of rent-restricted units for lower-income households. [1] The program was created under the Tax Reform Act of 1986 (TRA86) to incentivize the use of ...
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 ...
Visit the website of the National Low Income Housing Coalition, which provides a state-by-state list of the 360-plus programs that provide assistance to struggling renters.
The National Low Income Housing Coalition (NLIHC) is a non-profit organization dedicated to ending America's affordable housing crisis. It aims to expand and preserve housing for people with extremely low incomes. [1][2] NLIHC provides current information and data on affordable housing, and formulates policy and increases awareness on housing ...
The Low Income Housing Institute serves the Puget Sound region of Western Washington. LIHI programs serve homeless and low-income people in Snohomish, King, Island, Kitsap, Pierce and Thurston Counties. LIHI housing serves communities in Seattle, Lynnwood, Lacey, Olympia, Tacoma, Bremerton, and smaller towns throughout the region.
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