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Inlivian, formerly known as the Charlotte Housing Authority, provides affordable housing to low and moderate-income families through housing vouchers, senior living programs, homeownership ...
The opening of The Rise on Clanton comes as 422 people in Mecklenburg County are chronically homeless and Charlotte struggles to keep up with housing demands, according to the Charlotte ...
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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 ...
The LIHTC, established in 1986, stands as a groundbreaking departure from the typical structure of supply-side housing programs, which primarily relied on subsidizing low-income housing. As of 2010, this innovative approach yielded the construction of 1.5 million low-income housing units. [33]
The Housing and Community Development Act (HCDA) of 1974 was the first positive step in the revitalization of North Charlotte. The HCDA made available low interest loans and grants for the rehabilitation of deteriorating houses. The small parks that were built in North Charlotte were funded by the HCDA, as were other public improvements.
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