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Affordable housing in Germany, also known as social housing, refers to housing that is subsidized by the government to provide affordable rent to low-income households. Social housing is typically owned by the government or by non-profit organizations and is intended to provide decent, affordable housing for those who cannot afford market-rate ...
In 1972, Stephen M. Ross founded Related Companies with a $10,000 loan from his mother and a business plan focused on affordable housing. [6] [7] Related originally began as the Related Housing Companies, which built thousands of subsidized low and moderate income apartments nationwide.
William A. Moses, the founder of the Community Housing Improvement Program, a trade association that represents the owners of over 4,000 apartment buildings in New York City, said in 1983 that rent control was "the principal reason for neighborhood deterioration" and that at least 300,000 apartment units would have been built in New York City ...
DHCR administers various programs aimed at developing, rehabilitating, and preserving affordable housing in the state. However, there have been instances of DHCR failing to monitor these programs (such as the Mitchell–Lama Housing Program), with ethics concerns being raised due to the financial gain of DHCR employees from taxpayer funds despite failing to enforce the regulations of the ...
A 2014 investigation by The Guardian noted a growing trend in London to have a separate entrance in new housing developments. Section 106 of the Town and Country Planning Act, added in 2013, requires that new blocks in many locations must include an element of "affordable housing" if they are to gain planning permission, and it has become more common for such developments to include a separate ...
The Home Affordable Modification Program (HAMP) is a government program introduced in 2009 to respond to the subprime mortgage crisis.HAMP [10] is part of the Making Home Affordable program (MHA), [11] established in concert with the Hardest Hit Fund program (HHF) [12] under the Troubled Asset Relief Program (TARP), a part of the Emergency Economic Stabilization Act of 2008. [13]
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