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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 city has many neighborhoods below the poverty line, and has experienced a rise in homelessness in recent decades. Social services include cash- and housing-related assistance, case management, treatment for mental health and substance abuse, and legal and budget/credit assistance. Amid food insecurity in Columbus, with several neighborhoods ...
Post Oak Station is an affordable housing project for low income families located on 1383 Vida Way, only 2 blocks south of Clime Road. One must apply for a potential lease agreement through the Columbus Metropolitan Housing Authority (CMHA), and acceptance to be able to lease does not mean one can move in immediately, due to high demand of ...
"They're paying 50% of their income, 60% of their income on housing, which just isn't sustainable," she said. "We need more housing and we need it quickly," said Kahle.
The Franklin County Board of Commissioners granted $5 million in COVID-19 funds to the Affordable Housing Trust to help emerging minority developers.
On the housing front, that includes $25,000 in down payment assistance to first-time home buyers and creating a $40 billion pot of money to incent builders to construct 3 million units of housing ...
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