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Lockefield Gardens. Lockefield Gardens was the first public housing built in Indianapolis. Constructed during the years 1935 to 1938, it was built exclusively for low income African-Americans in Indianapolis. The complex was closed in 1976, and a number of structures were demolished in the early 1980s. The only original structures remaining are ...
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 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 ...
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
Linwood Colonial Apartments, also known as Colonial Park Apartments, is a historic garden apartment complex and national historic district located at Indianapolis, Indiana. It was built in 1937–1938, and consists of three three-story, Colonial Revival style red brick buildings. It has 106 apartments and includes a U-shaped building and two ...
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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