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Section 8 (housing) Section 8 of the Housing Act of 1937 (42 U.S.C. § 1437f), commonly known as Section 8, provides rental housing assistance to low-income households in the United States by paying private landlords on behalf of these tenants. Approximately 68% of this assistance benefits seniors, children, and individuals with disabilities. [1]
The New York City Housing Authority's goal is to increase opportunities for low- and moderate-income New Yorkers by providing affordable housing and facilitating access to public service and community services. [4] More than 360,000 New Yorkers reside in NYCHA's 335 public housing developments across the city's five boroughs. [5]
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 ...
Anywhere from up to 40,000 people could apply to get on the Section 8 voucher waitlist, which opened for applications for the first time in a decade. Anywhere from up to 40,000 people could apply ...
The Mitchell–Lama Housing Program is a non-subsidy governmental housing guarantee in the state of New York. It was sponsored by New York State Senator MacNeil Mitchell and Assemblyman Alfred A. Lama. It was signed into law in 1955 as The Limited-Profit Housing Companies Act (now officially contained in 1962 Private Housing Finance law ...
New York is in a housing crisis. We need every kind of housing for families of every income. However, more than 500,000 people fled New York in 2022 because of rising taxes.
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