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  2. Section 8 (housing) - Wikipedia

    en.wikipedia.org/wiki/Section_8_(housing)

    The main Section 8 program involves the voucher program. A voucher may be either "project-based"—where its use is limited to a specific apartment complex (public housing agencies (PHAs) may reserve up to 20% of its vouchers as such [11])—or "tenant-based", where the tenant is free to choose a unit in the private sector, is not limited to specific complexes, and may reside anywhere in the ...

  3. Housing trust fund - Wikipedia

    en.wikipedia.org/wiki/Housing_trust_fund

    RCW 43.185.050 authorizes the Trust to fund proposals for new construction, acquisition, and rehabilitation as well as rent or mortgage subsidies, down payment or closing cost assistance for first-time home buyers, or mortgage insurance matching funds, social services for housing residents with special needs, technical assistance, shelters for ...

  4. Development of non-profit housing in the United States

    en.wikipedia.org/wiki/Development_of_non-profit...

    Non-profit housing developers build affordable housing for individuals under-served by the private market. The non-profit housing sector is composed of community development corporations (CDC) and national and regional non-profit housing organizations whose mission is to provide for the needy, the elderly, working households, and others that the private housing market does not adequately serve.

  5. HOME Investment Partnerships Program - Wikipedia

    en.wikipedia.org/wiki/HOME_Investment...

    The down payment can help fund new housing or the rehabilitation of a family's existing housing. [2] Building or rehabilitation of housing for rent or ownership – In this type of activity, HOME funds may fund the building of housing units that the government provides to low-income families. The families either pay a monthly rent or may ...

  6. What is the Home Ownership and Equity Protection Act (HOEPA)?

    www.aol.com/finance/home-ownership-equity...

    The Home Ownership and Equity Protection Act (HOEPA) is a federal law that aims to protect consumers from predatory mortgage lending. HOEPA mainly covers high-cost mortgages, which are defined as ...

  7. Will My Home Be Safe From Medicaid in a Trust? - AOL

    www.aol.com/finance/does-putting-home-trust...

    In these cases, an irrevocable trust like a Medicaid asset protection trust (MAPT) can protect a home from Medicaid, provided its transferred to the trust beyond the range of the five-year look ...

  8. What Does "FBO in Trust" Mean? - AOL

    www.aol.com/finance/does-fbo-trust-mean...

    FBO is an abbreviation for the common term “for the benefit of” and it is often used in estate planning. In a trust, the term conveys ownership and value to the trustee. The FBO legal language ...

  9. Owner-occupancy - Wikipedia

    en.wikipedia.org/wiki/Owner-occupancy

    Owner-occupancy or home-ownership is a form of housing tenure in which a person, called the owner-occupier, owner-occupant, or home owner, owns the home in which they live. [1] The home can be a house , such as a single-family house , an apartment , condominium , or a housing cooperative .