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Section 8 (housing) 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]
t. e. 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. [1] SRO units are rented out as permanent residence and/or primary residence [2] to ...
February 27, 2005 [ 1] Avenel Cooperative Housing Project, properly known as Avenel Homes, [ 2] is a 10-unit cooperative housing development designed by architect Gregory Ain, and built in 1947 in the Silver Lake section of Los Angeles. Ain's innovative design has been called "a model for effective use of limited space for low-cost urban housing."
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
The Mount Laurel doctrine is a significant judicial doctrine of the New Jersey State Constitution. The doctrine requires that municipalities use their zoning powers in an affirmative manner to provide a realistic opportunity for the production of housing affordable to low- and moderate-income households. The doctrine takes its name from the ...
The income elasticity of housing demand was estimated by one review in USA around 0.8 to 1.0 for renters and around 1.1 to 1.5 for owners. [89] The price elasticity of housing demand was estimated between −0.2 to −1.0 with variations for location, time delay and between renters and owners. [90]
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