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  2. HOME Investment Partnerships Program - Wikipedia

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

    The program is conducted by non-federal US governmental jurisdictions, such as states, cities, urban counties, and so forth, that receive an allocation of federal benefits from HUD. All U.S. states are automatically eligible for HOME funds, and each receives a minimum of $3 million for the program, while local governments receive a minimum of ...

  3. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    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.

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

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

    Unlike CDBGs, HOME funds are granted to states and local jurisdictions specifically for the provision of affordable owned and rental housing for low- and moderate-income households by. States receive 40% of funds and cities and other local governments receive 60%. Allocation of funds is based on a needs based formula (similar to the CDBG ...

  5. These States Are the Most Dependent on the Federal ... - AOL

    www.aol.com/states-most-dependent-federal...

    Its federal share of state revenue is the tenth most at 45.16%, but its revenue from federal funding to income taxes paid is the third highest at a ratio of 2.36 and it has 4.08% of its workers ...

  6. Three dozen South Bend lots to be filled with 50 low-income ...

    www.aol.com/three-dozen-south-bend-lots...

    The company will invest about $11.6 million to build 44 low-income homes in Elkhart at 1701 Sterling Ave. and will spend $14.8 million to build 58 homes in Kokomo.

  7. Do you qualify for homebuyer assistance? You might — even if ...

    www.aol.com/finance/can-i-qualify-for-homebuyer...

    These programs help qualified buyers purchase homes priced at below-market rates, with down payments as low as 1%. Social Security and retirement income can be used to qualify. Homebuying ...