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The $223 million project resulted from a collaboration between the state's housing finance agency, the Kentucky Housing Corp., and the state Department for Local Government.
In 1987, the Housing Foundation, a 501 (c)3 nonprofit, was established to attract charitable contributions for affordable housing. Also in 1987, KHC was appointed to administer the federal Low-Income Housing Tax Credit Program for Kentucky. KHC created an in-house Loan Servicing program in 1989.
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] The Department of Housing and Urban Development (HUD) oversees ...
In the United States, subsidized housing is administered by federal, state and local agencies to provide subsidized rental assistance for low-income households. Public housing is priced much below the market rate, allowing people to live in more convenient locations rather than move away from the city in search of lower rents. In most federally-funded rental assistance programs, the tenants ...
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 ...
Housing advocates press state lawmakers for solutions to high rents, low availability. BOSTON — While Massachusetts lawmakers have failed to act on the $4 billion housing bond bill proposed by ...
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