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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 ...
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]
Single-room occupancy (SRO) is a type of low-cost housing typically aimed at residents with low or minimal incomes, or single adults who like a minimalist lifestyle, who rent small, furnished single rooms with a bed, chair, and sometimes a small desk.
Get breaking Finance news and the latest business articles from AOL. From stock market news to jobs and real estate, it can all be found here.
Pennsylvania (/ ˌ p ɛ n s ɪ l ˈ v eɪ n i ə / ⓘ, lit. ' Penn's forest country '), officially the Commonwealth of Pennsylvania (Pennsylvania Dutch: Pennsylvanie), is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States.
Raleigh (/ ˈ r ɑː l i /; RAH-lee) is the capital city of the U.S. state of North Carolina and the seat of Wake County.It is the second-most populous city in North Carolina, after Charlotte.
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