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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]
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 ...
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 ...
USA Properties Fund is building the 111-unit apartment complex and expects to finish the $32 million project in the first few months of 2023. Folsom has one of the most severe affordable housing ...
The city of Boise and a private developer have collaborated to provide Boise residents with affordable housing in a new apartment complex on the Bench. ... apartments rent for $961 to $1,375, two ...
The Bronx. Some of the most affordable options can be found in the Bronx, with an average rent of just under $1,600 per month, which would require an annual income of around $64,000. The average ...
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