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The incorporation of LIHI as an organization in 1991 resulted from the leadership of three founding board members: Frank Chopp of the Fremont Public Association, Michael Reichert of Catholic Community Services, and Scott Morrow of SHARE. LIHI filled a void in the community for creating self-management and developing innovative housing solutions.
A goal that stretched more than five years is headed toward reality as the city of Ames prepares to build nearly 40 low-income housing units near the Iowa State University campus.. The city is ...
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 ...
154 ft (47 m) East Garrison is a planned community in an unincorporated area in Monterey County, California. [1] It is located on Reservation Road ( County Route G17) east of Marina and west of the Salinas River on the former Fort Ord. [2] The community has 929 taxed parcels (779 single family homes and 150 single family attached properties). [3]
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Income requirement: Can’t exceed 80% of your area’s median income. DTI requirement: Up to 45% (50% in some cases. Fannie Mae’s HomeReady mortgage program addresses one of the challenges of ...
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