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The city has many neighborhoods below the poverty line, and has experienced a rise in homelessness in recent decades. Social services include cash- and housing-related assistance, case management, treatment for mental health and substance abuse, and legal and budget/credit assistance. Amid food insecurity in Columbus, with several neighborhoods ...
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 ...
Government census data estimates that population growth (1.74%) has outpaced the increase in housing units (1.66%) over the last five years. [6] For low-income families, affordable housing has been difficult to find, as for every 100 low-income households , only 80 affordable units exist. [ 7 ]
The Franklin County Board of Commissioners granted $5 million in COVID-19 funds to the Affordable Housing Trust to help emerging minority developers.
A rust belt town with growing pains. Springfield has been an industrial town since the late 1800s, but the city's median income dropped between 1999 and 2014 when manufacturing jobs declined in ...
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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