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Retirees are especially vulnerable to the dangerous consequences of being house poor, but the good news for seniors on a fixed income is that many of them have the power to avoid this or even fix it.
The 2009 Canadian federal budget allocated funds for the period covering 2009–2011: renovation and energy retrofits to social housing ($1 billion); to build housing for low-income seniors ($400 million); to build social housing for persons with disabilities ($75 million); to support social housing in the North ($200 million); low-cost loans ...
In 1997 AccèsLogis was created by the Quebec Government for the purpose of constructing new social housing, as well as providing low-income citizens with access to subsidies [12] In 2002 the Affordable Housing Agreement, a federal-provincial initiative, was created with funding from both parties. [12]
NLIHC was founded in 1974 by Cushing Dolbeare, a housing policy analyst and consultant. [3] [4] Initially named the Ad Hoc Low Income Housing Coalition and incorporated as the National Low Income Housing Coalition five years later, Dolbeare created the organization in response to Nixon's 1973 moratorium on federal housing subsidies.
TSAHC issues tax-exempt multifamily private activity bonds to finance multifamily rental housing projects that meet one of the following priorities: 1) at-risk preservation and rehabilitation, 2) rural and smaller urban markets, 3) senior and supportive housing developments, or 4) disaster relief housing. [8]
Funding Models: Investigate and implement alternative funding models, such as low-income housing tax credits or community land trusts, to support the development and preservation of affordable ...
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