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  2. Section 8 (housing) - Wikipedia

    en.wikipedia.org/wiki/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]

  3. Subsidized housing - Wikipedia

    en.wikipedia.org/wiki/Subsidized_housing

    The supplements make up the difference between rental "market price" and the amount of rent paid by tenants, for example 30% of the tenants income. A notable example of a rent supplement in the United States is Section 8 of the Housing Act of 1937 (42 U.S.C. § 1437f). See also. Housing portal; Subsidized housing in the United States; Public ...

  4. Here’s why it’s so hard to find an affordable apartment to rent

    www.aol.com/why-hard-apartment-afford-162955815.html

    For a typical New Yorker with a median household income of $74,694, the cost to move would eat up 14% of their annual income, before rent, the study found. This does not include additional costs ...

  5. Subsidized housing in the United States - Wikipedia

    en.wikipedia.org/wiki/Subsidized_housing_in_the...

    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 ...

  6. Large affordable apartment building under construction on ...

    www.aol.com/news/large-affordable-apartment...

    Seniors earning between 30% and 80% of the area median income will be eligible for apartments in the new building; that comes out to annual incomes of between $19,000 and $51,000.

  7. Building finally starts on affordable apartments for seniors ...

    www.aol.com/building-finally-starts-affordable...

    The apartments for seniors have been in the works a long time. MV Real Estate had acquired the 37,000-square-foot tract from the county in 2020 for $1.3 million.

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