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The Norman Blumberg Apartments, also known as the Blumberg Homes, were a 510-unit high rise public housing complex in the Sharswood neighborhood of Philadelphia, Pennsylvania. Owned and operated by the Philadelphia Housing Authority, they were viewed by many as a symbol of the City's failure to address concentrated poverty and crime and were ...
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 ...
Public housing in Philadelphia. Public housing in Philadelphia is a significant portion of the overall housing stock in Philadelphia. Most public housing is operated by the Philadelphia Housing Authority. On average, a Philadelphia public housing development is 69% African American, 26% Hispanic, and 5% White and other. [1]
Guild House was commissioned by the (Quaker) Friends Neighborhood Guild, a subsidiary of Friends Rehabilitation Program, Inc., as low-income housing for the elderly and built in 1960–63. [6][7] It was designed by Venturi and Rauch in collaboration with Cope and Lippincott, another Philadelphia firm. In 2004, the building was added to 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 ...
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