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The hotel ceased operation in the 1980s, and the building was renovated into apartments in 1996. [3] As of 2017, the William Byrd Apartments were owned by Project: Homes, a regional nonprofit dedicated to providing housing for low-income seniors. [4] It was listed on the National Register of Historic Places in 1996. [1]
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 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 Arlington County Board designated the garden apartment complex to be a local historic district on December 5, 1978. [5] The National Park Service listed the Village on the National Register of Historic Places on December 9, 1990. [1] [3] [5] It was ranked as the best neighborhood to live in America in 2024. [6]
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