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Sep. 20—A low-cost housing complex launched during the pandemic to help ease homelessness in Santa Fe saw two overdose deaths within just a few hours of each other one Saturday late last month.
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
Carrfour Supportive Housing is a nonprofit organization established in 1993 by the Homeless Committee of the Greater Miami Chamber of Commerce. It develops, operates and manages affordable and supportive housing communities for low-income individuals and families in Miami-Dade County, Florida. Carrfour is Florida's largest not-for-profit ...
If housing is too expensive, policymakers must address the issues driving up costs. The Low-Income Housing Tax Credit, like so many other policies, merely throws taxpayer money at the problem. It ...
The 2023 Out of Reach report by the National Low Income Housing Coalition highlights a substantial housing cost disparity for people of color, particularly women of color. The report's key figure, the "Housing Wage," reveals the hourly earnings necessary for full-time workers to afford fair market rental homes without exceeding 30% of their ...
September 16, 2024 at 3:27 PM. Eligible homeowners in Steuben and Allegany counties can now apply for emergency repair grants to fix damage caused to their homes by severe storms and flooding Aug ...
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