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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. 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 ...

  5. Subsidized housing - Wikipedia

    en.wikipedia.org/wiki/Subsidized_housing

    Housing subsidies are government funded financial assistance programs designed to mitigate the costs of housing for low-income tenants. Subsidies can be provided in the form of housing vouchers given to tenants, e.g. Section 8 (Housing), or via direct deposits to landlords with government contracts to provide affordable housing.

  6. 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 ...

  7. What’s happening at University Place site that’s been set for ...

    www.aol.com/news/happening-university-place-set...

    “The project will consist of 184 multi-family senior housing units and about 5,000 square feet of commercial space.” The address for the proposed site is 8411 27th St. W.

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