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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 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.
NLIHC was founded in 1974 by Cushing Dolbeare, a housing policy analyst and consultant. [3] [4] Initially named the Ad Hoc Low Income Housing Coalition and incorporated as the National Low Income Housing Coalition five years later, Dolbeare created the organization in response to Nixon's 1973 moratorium on federal housing subsidies.
Rank County Per capita income Median household income Median family income Population Number of households 1 Williamson: $27,925 $87,832 $100,407 183,182
Get the Goodlettsville, TN local weather forecast by the hour and the next 10 days.
The median income for a household in the city was $45,690, and the median income for a family was $54,159. Males had a median income of $40,567 versus $27,250 for females. The per capita income for the city was $22,946. 9.4% of the population and 7.5% of families were below the poverty line . 18.1% of those under the age of 18 and 5.1% of those ...
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