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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]
Park Plaza Condominiums. Park Plaza Condominiums is a residential high-rise building in Albuquerque, New Mexico. At 160 feet (49 m) in height it is the 15th-tallest building in the city, as well as the tallest residential building in New Mexico. [1] The 14-story tower originally consisted of rental units but was converted to condominiums in ...
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 ...
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 Luna Lodge is a historic motel on Central Avenue (former U.S. Route 66) in Albuquerque, New Mexico, which is notable as one of the best-preserved Route 66 era motels remaining in the city. [3] It was built in 1949 and was one of the easternmost Albuquerque motels, located about 6 miles (9.7 km) from the city center .
Rapid Re-Housing is a relatively recent innovation in social policy that is an intervention designed to help those who are homeless. As described by the National Alliance to End Homelessness, Rapid Re-Housing is a subset of the Housing First approach to end homelessness. While many Housing First programs provide rental assistance, or help ...
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