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In the 2000 Census, average household income was 74% of average household income in Akron. Even though household income lagged the City, there was a large percentage drop in persons in poverty and an almost equally large rise in average household income. Middlebury has the highest percentage of pre-1940 housing stock of any City neighborhood.
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 Akron-Canton region is much lower. The national average for a monthly mortgage payment in the U.S. is about $2,200. The Akron-Canton region is much lower.
A $30 million affordable housing project is coming to West Akron. Akron City Council last week approved the construction of Wintergreen Ledges Apartments, an affordable apartment complex at 1831 ...
The company was initially founded for the management of Section 8 subsidized housing, most of which was financed with FHA-insured loans (i.e., 221 (d)( 4), 223(f), and 236). However, since then, the focus has been on high-end, luxury apartments in suitable neighborhoods as well as managing 221(d)(4) and 223(f) market rent projects. [5] [6] [7]
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The median income for a household in the village was $28,636, and the median income for a family was $31,375. Males had a median income of $30,208 versus $22,500 for females. The per capita income for the village was $14,595.
Cross Creek Township was founded in 1806. [4] It is the only Cross Creek Township statewide. [5] Cross Creek Township is named after the Cross Creek Watershed, which flows through western Washington County to the Ohio River in West Virginia. [6]