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2. Franklin County OKs $5M to help minority, female developers ...

   www.aol.com/news/franklin-county-oks-5m-help...

   The Franklin County Board of Commissioners granted $5 million in COVID-19 funds to the Affordable Housing Trust to help emerging minority developers.

3. Homelessness in Ohio - Wikipedia

   en.wikipedia.org/wiki/Homelessness_in_Ohio

   The AHAR concluded that since 2007, Ohio had seen the fourth largest decrease by state in chronic homelessness, with 1,285, or 55.7%, of the chronically homeless population escaping the cycle. However, all three major cities in Ohio experienced increased homeless populations due to housing shortages in 2023.

4. 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]

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. Low-Income Housing Tax Credit - Wikipedia

   en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

   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 ...

7. Mortgages for seniors: Getting a home loan in retirement - AOL

   www.aol.com/finance/mortgages-seniors-getting...

   DTI ratio. Calculate your DTI ratio using this formula: DTI = Monthly debt payments (including mortgage or rent) / monthly gross income x 100. Some lenders allow a DTI ratio as high as 50 percent ...