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The senior housing and family housing will share a courtyard. LIHI will apply for funding for phase 2 in 2023 and plan to begin construction in June 2024 to be completed in August 2025. Show comments
Eleanor Apartments are governed by the Low Income Housing Tax Credit Program that is overseen by the Washington State Housing Finance Commission. The program is meant to keep housing affordable ...
The Low Income Housing Institute serves the Puget Sound region of Western Washington. LIHI programs serve homeless and low-income people in Snohomish, King, Island, Kitsap, Pierce and Thurston Counties. LIHI housing serves communities in Seattle, Lynnwood, Lacey, Olympia, Tacoma, Bremerton, and smaller towns throughout the region.
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 federal grant program that sustains the development requires apartments to be rented out exclusively to low-income tenants — some of whom are at or below 30% of the area median income, some ...
t. e. The Low-Income Housing Tax Credit (LIHTC) is a federal program in the United States that awards tax credits to housing developers in exchange for agreeing to reserve a certain fraction of rent-restricted units for lower-income households. [1] The program was created under the Tax Reform Act of 1986 (TRA86) to incentivize the use of ...
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