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(The Center Square) – Federal home improvement grants worth $5.3 million went out this week to eight counties in Pennsylvania's rural northern tier. The HOME Investment Partnerships Program ...
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 ...
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.
Some state grants will flow into new construction projects, while others will help safeguard the state’s existing stock of affordable rentals. Pa. officials awarded $98 million in housing grants ...
The NLIHC maintains that in order to acquire federal grants, local housing authorities have "demolished viable units and displaced families." [6] The program has been called "notorious" for its allotment of federal grants for demolition of public housing. [10] Some critics said that it has resulted in a "dramatic loss of housing."
Temporary housing program will help shelter tornado, flood-affected Iowans for 6 months. Iowans who live in counties covered by a federal presidential disaster declaration are eligible to apply ...