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As a part of the approval, the company agreed to rent apartments at a rate affordable to residents earning between 80% and 120% of the Columbia area median income.
1. The Cardinal Apartments in Forest Acres, with rents from $1,517 for a one-bedroom unit to $4,337 for three bedrooms, are some of the most expensive current listings in the Columbia area ...
A map showing two new apartment developments planned for North Main Street in Columbia. Elsewhere in the corridor, nearby at 301 Sunset Drive, developers are working to turn an abandoned shopping ...
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 ...
Workforce housing is a term that is increasingly used by planners, government, and organizations concerned with housing policy or advocacy. It is gaining cachet with realtors, developers and lenders. Workforce housing can refer to any form of housing, including ownership of single or multi-family homes, as well as occupation of rental units.
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 ...
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