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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.
Housing Stability and Tenant Protection Act of 2019; New York State Legislature; Territorial extent: New York (state) Passed by: New York State Legislature: Passed: June 14, 2019: Signed by: Andrew Cuomo: Signed: June 14, 2019: Status: Current legislation
A student housing cooperative, ... was established to provide a cheap alternative to dorm life for women scholars. [4] ... New York; Harriet E. Richards House ...
Lindsay Park is a housing cooperative located in the East Williamsburg neighborhood of Brooklyn in New York City. The cooperative is part of the Mitchell-Lama Housing Program, through which the state of New York grants it tax exemptions to maintain affordability. [1] With 2702 units, it is the largest Mitchell-Lama co-op in Brooklyn.
St. John's Vincentian values stem from the ideals and works of St Vincent de Paul (1581–1660), who is the patron saint of Christian charity.Following the Vincentian tradition, the university seeks to provide an education that encourages greater involvement in social justice, charity, and service. [11]
New York City's 80/20 housing program was created in 1985 and has financed developments in New York that meet the parameters ever since. Compared to market rate units in the same area, the affordable units in 80/20 developments had a disproportionately high amount of women, single parent households, households with multiple children and minorities.
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