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It’s part of Durham Housing Authority’s vision to make affordable housing more equitable and economically sustainable. $40 million from feds will help Durham turn public housing into mixed ...
Wake County has an affordable housing deficit of 65,860 units by its own estimates.. In Durham County, only 38 affordable rental units are available for every 100 households earning less than 30% ...
Her accomplishments include helping secure a $40 million U.S. Department of Housing and Urban Development Choice Neighborhoods implementation grant, in partnership with the city of Durham in 2022 ...
It is the largest Federal block grant to states and local governments designed exclusively to create affordable housing for low-income families, providing approximately US$2 billion each year. [ 2 ] The program is commonly referred to as the Home Investment or Home Partnership Program, and is often operating in conjunction with other housing ...
The CDBG program was enacted in 1974 by President Gerald Ford through the Housing and Community Development Act of 1974 and took effect in January 1975. Most directly, the law was a response to the Nixon administration's 1973 funding moratorium on many Department of Housing and Urban Development (HUD) programs.
Affordable housing: Still in development, but 15% of the townhouses could be priced for someone earning 65% to 80% of the area market income — up to $59,360 a year for an individual or up to ...
The coalition drafted a proposal that resulted in “Mark to Market” legislation, helping to preserve hundreds of thousands of rental units. Also in 1992, NHC created the Center for Housing Policy, an affiliated housing research organization dedicated to conducting practical and relevant research for housing practitioners and policymakers ...
The Treasury Department last year relaxed guidance around the stimulus money, meaning Durham can use it to help finance affordable housing. ‘Awesome opportunity’: Durham puts $10M of federal ...