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The National Rental Affordability Scheme (NRAS) is an Australian Government initiative to stimulate the supply of new affordable rental dwellings. The Scheme offers annual incentives for ten years (indexed annually to the rental component of the CPI). The two key elements of the incentive are: [1]
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.
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 ...
In the face of sky-high rents, President Joe Biden is rolling out a new set of principles the White House is calling a "Renters Bill of Rights" in an effort to improve rent affordability and ...
The city’s decades-long battle to overhaul local rules to allow more, denser housing to be built may be reaching a turning point.
Affordable Purchase Scheme: local authorities provide state-owned land at reduced or no cost to developers to facilitate the building of affordable homes; Affordable Rental Scheme: uses a "cost rental" model to supply low-rent accommodation while still ensuring a small profit for landlords [46]