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  2. How to Find Affordable Senior Housing in Your Community - AOL

    www.aol.com/affordable-senior-housing-community...

    To find a HUD-approved housing counseling service near you: Search online using this HUD database. Call HUD’s interactive voice system at 800-569-4287. Staff who answer the main phone will be ...

  3. 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 ...

  4. 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 ...

  5. Minnesota Housing Finance Agency - Wikipedia

    en.wikipedia.org/wiki/Minnesota_Housing_Finance...

    The Minnesota Housing Finance Agency (MHFA), or Minnesota Housing, is a state agency in Minnesota, United States, established to address the growing concerns of affordable housing, homelessness, and housing security in the state. Its primary mission is to provide affordable housing opportunities for Minnesotans who are low and moderate income ...

  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. The Surprising Way That Seniors Are Saving Money on Housing - AOL

    www.aol.com/finance/surprising-way-seniors...

    The Appeal for Women. Home sharing is particularly appealing to women, according to AARP.Four million women aged 50-plus live in households that include at least two women 50-plus. Since women ...

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