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2. 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 ...

3. Low-Income Housing Tax Credit - Wikipedia

   en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

   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.

4. Affordable housing - Wikipedia

   en.wikipedia.org/wiki/Affordable_housing

   An index over 100 signifies that family earning the median income has more than enough income for a mortgage loan on the median-priced home (assuming they have a 20 percent down payment). [28] For example, a composite HAI of 120.0 means a family earning the median family income has 120% of the income necessary to qualify for a conventional loan ...

5. Three dozen South Bend lots to be filled with 50 low-income ...

   www.aol.com/three-dozen-south-bend-lots...

   A developer will invest nearly $13 million at 37 vacant lots in neighborhoods on the near ... The company will invest about $11.6 million to build 44 low-income homes in Elkhart at 1701 Sterling ...

6. Habitat for Humanity - Wikipedia

   en.wikipedia.org/wiki/Habitat_for_Humanity

   Habitat for Humanity works to help build and improve homes for families of low-income or disadvantaged backgrounds. Homes are built using volunteer labor, including that of Habitat homeowners through the practice of sweat equity , as well as paid contractors for certain construction or infrastructure activities as needed. [ 4 ]

7. New homes being built in low-income Muncie neighborhood - AOL

   www.aol.com/homes-being-built-low-income...

   Advantix will also build 10 more single-family homes in Industry, Eastside and Blaine Southeast neighborhoods. The project was awarded $1.2 million in Low Income Housing Tax Credits resulting in ...