Ads
related to: affordable housing for low income individuals in maryland
Search results
Results From The WOW.Com Content Network
Communities often use program funds in partnership with local nonprofit groups to fund various activities that build, buy, and/or rehabilitate affordable housing for rent or homeownership or provide direct rental assistance to low-income people. HOME is authorized under Title II of the Cranston-Gonzalez National Affordable Housing Act, as ...
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 ...
about half did not. [1][2] The term "affordable housing" refers to housing that is considered economically accessible for individuals and families whose household income falls at or below the Area Median Income (AMI), as evaluated by either national or local government authorities through an officially recognized housing affordability index. [3 ...
West Virginia. Number of affordable and available rental homes: 53 per 100 extremely low-income renter households. Extremely low-income renter households: 63,660. Extremely low-income renter ...
Indiana. Extremely Low-Income Renter Households: 209,710. Number of Affordable and Available Rental Homes Per 100 Extremely Low-Income Renter Households: 34. Percentage of extremely low-income ...
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]
Ads
related to: affordable housing for low income individuals in maryland