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The Franklin County Board of Commissioners granted $5 million in COVID-19 funds to the Affordable Housing Trust to help emerging minority developers.
The AHAR concluded that since 2007, Ohio had seen the fourth largest decrease by state in chronic homelessness, with 1,285, or 55.7%, of the chronically homeless population escaping the cycle. However, all three major cities in Ohio experienced increased homeless populations due to housing shortages in 2023.
ZIP Code. 43215, 43201. Area code. 614/380. The Short North is a neighborhood in Columbus, Ohio, United States, centered on the main strip of High Street immediately north of the Arena District and extending until just south of the University District and Ohio State University. It is an easy walk from the convention center or Nationwide Arena ...
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 ...
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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