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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 ...
Some housing subsidies are provided to low income tenants in renting housing. These include shelter allowances, housing supplements, and shelter supplements from regional and local governments designed to help low-income households that spend a large proportion of their income on rent, such as New York City 's Family Eviction Prevention ...
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
Maumee (/ m ɔː ˈ m iː / maw-MEE) is a city in Lucas County, Ohio, United States. Located along the Maumee River, it is a suburb about 10 miles (16 km) southwest of Toledo. The population was 13,896 at the 2020 census. Maumee was declared an All-America City by the National Civic League in June 2006.
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Lucas County is a county located in the northwestern part of the U.S. state of Ohio. It is bordered to the east by Lake Erie, and to the southeast by the Maumee River, which runs to the lake. As of the 2020 census, the population was 431,279. [2] Its county seat and largest city is Toledo, located at the mouth of the Maumee River on the lake. [3]
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