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  2. How struggling households can get federal rental assistance

    www.aol.com/finance/struggling-households...

    Congress passed two different rental relief packages. The first, approved in December, provided $25 billion for rental relief. The second, approved in March, provides more than $21 billion. In ...

  3. 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 ...

  4. Affordable housing in the United States - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing_in_the...

    In 2017, the new Atmosphere apartment building in downtown San Diego drew attention when it announced that it would be offering 205 apartments to low-income residents. Residents pay their portion of rent through Section 8 vouchers , and many of the apartments are available only to families who make 30% or less of the median income of the city. [58]

  5. Subsidized housing - Wikipedia

    en.wikipedia.org/wiki/Subsidized_housing

    e. Subsidized housing is government sponsored economic assistance aimed towards alleviating housing costs and expenses for impoverished people with low to moderate incomes. In the United States, subsidized housing is often called "affordable housing". Forms of subsidies include direct housing subsidies, non-profit housing, public housing, rent ...

  6. Homelessness, affordable-housing shortage spark resurgence of ...

    www.aol.com/news/homelessness-affordable-housing...

    Extremely low-income renters — those below federal poverty guidelines or earning 30% of the area median income — face a shortage of 7.3 million affordable rental homes, according to a National ...

  7. Affordable housing - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing

    In the United States [17] and Canada, [18] a commonly accepted guideline for housing affordability is a housing cost, including utilities, that does not exceed 30% of a household's gross income. [19] Some definitions include maintenance costs as part of housing costs. [20]

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