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A new mixed-income housing development just east of downtown Knoxville will expand by more than 150 apartments as leasing for available units from an earlier phase is nearing completion.
As Knoxville's housing crunch continues, city leaders will spend another $3.5 million to directly help residents get into apartments they can afford. The city is plagued by a lack of low-rent ...
Knoxville gives developers a break to make their new high-rise near Neyland Drive a reality. The 300 units will help the city's housing shortage. Tax deal means new addition to Knoxville's skyline ...
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.
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 ...
Knoxville Mayor Indya Kincannon's plan to ease the housing crisis with more affordable options is a reality. Missing middle housing is coming to Knoxville. Here's what it will look like