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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 ...
Waterville is in northern Kennebec County, in central Maine, at Its northern boundary is the Somerset County line. According to the United States Census Bureau , the city has an area of 14.05 square miles (36.39 km 2 ), of which 13.58 square miles (35.17 km 2 ) is land and 0.47 square miles (1.22 km 2 ), or 3.36%, is water. [ 8 ]
Non-profit housing is owned and managed by private non-profit groups such as churches, ethnocultural communities or by governments. Many units are provided by community development corporations (CDCs). They use private funding and government subsidies to support a rent-geared-towards-income program for low-income tenants. [7] [8] [clarification ...
Feb. 9—Maine needs 25,000 more affordable homes, but even when it builds new housing, the elderly and others who need it most cannot afford it, the head of an affordable housing agency said on ...
Maine has the thirty-fourth highest per capita income in the United States of America. In 2000, the state's average personal per capita income was $26,699. By 2003, that figure had risen to $29,851. By 2011, it was $38,299 [1]
Kennebec County has been designated as the Augusta–Waterville, ME Micropolitan Statistical Area (μSA) by the United States Office of Management and Budget. As of the 2010 U.S. Census [ 18 ] the micropolitan area ranked the most populous in the State of Maine and also the only micropolitan area within the state.
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