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The federal government has approved two rounds of rental assistance, worth more than $46 billion total, that is slowly making its way to renters. Additionally, the federal eviction moratorium has ...
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 ...
The term assistance (or benefits) is defined by the federal government as: [2] The transfer of money, property, services, or anything of value, the principal purpose of which is to accomplish a public purpose of support or stimulation authorized by Federal statute,…and includes, but is not limited to, grants, loans, loan guarantees ...
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 Ames City Council is considering ways to use more than $800,000 in grants to lower housing costs. Ames hopes to use more than $800,000 in grants to curb rising rent costs Skip to main content
In the 1950s, Nashville used urban renewal programs to acquire downtown property through eminent domain under the guise of slum clearance to qualify for millions of dollars of federal funds to pay ...