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The developer, DevCo Residential Group, plans to use low-income-housing tax credits, which are allocated each year by the federal government to the states, to build the apartments. The Idaho ...
Section 8 (housing) Section 8 of the Housing Act of 1937 (42 U.S.C. § 1437f), commonly known as Section 8, provides rental housing assistance to low-income households in the United States by paying private landlords on behalf of these tenants. Approximately 68% of this assistance benefits seniors, children, and individuals with disabilities. [1]
Metropolitan statistical areas. Urban areas. ZIP Code Tabulation Areas. Ethnic groups. United States portal. v. t. e. Idaho is the forty-first richest state in the United States of America, with a per capita income of $17,841 (2000).
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Renters are eligible if their income does not exceed 80% of the area median income, which is $47,150 for one person in Boise and $53,900 for two people. The housing association accepts ...
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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