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In the United States, subsidized housing is administered by federal, state and local agencies to provide subsidized rental assistance for low-income households. Public housing is priced much below the market rate, allowing people to live in more convenient locations rather than move away from the city in search of lower rents.
Here's how Columbus residents can find out. Two local agencies have mapped where the opportunities for families and residents to thrive and be successful are the highest in Columbus and Franklin ...
Columbus, the capital city of Ohio, has a history of social services to provide for low- and no-income residents. 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.
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 private equity in developing affordable housing. [2] Projects ...
The housing crisis in America does not just impact low-income residents. The problem affects retirees, middle-class workers and long-time residents.
Sep. 24—Santa Fe County commissioners on Tuesday voted to support issuing up to $70 million in revenue bonds for the benefit of a proposed 312-unit affordable housing project south of the city.
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