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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 ...
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).
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 ...
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41-50 Cities Where Americans Can Afford Rent. The average monthly rent in the following cities is between $1,600 and $1,700 a month, and the minimum salary needed to keep housing costs to 30% or ...
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