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The District of Columbia Housing Authority is an independent government agency whose mission is to provide affordable housing to extremely low- through moderate-income households, foster sustainable communities, and cultivate opportunities for residents to improve their lives throughout the eight wards of Washington, D.C. [1]
Built with $16.8 million in DCHA funds, only 93 of its 314 units are subsidized for low-income residents. [10] The other was the Severna Apartments, owned and built by Bible Way Temple. [11] The $15.7 million building (constructed with $1.9 million in DCHA funds) opened in 2011. All of its units are for low-income residents. [10]
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 ...
We used federal and local dollars to provide technology training and information on affordable internet service to low-income adults, ex-offenders, senior citizens and K-12 students.
Finding affordable housing affects a large portion of the city's population including low-income, moderate-income, and even median income families. [62] Since 1970, income has remained relatively stagnant while rent has nearly doubled for New Yorkers. [62] Consequently, 48.7% of householders spend more than 30% of their income on rent. [62]
The supplements make up the difference between rental "market price" and the amount of rent paid by tenants, for example 30% of the tenants income. A notable example of a rent supplement in the United States is Section 8 of the Housing Act of 1937 (42 U.S.C. § 1437f).
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