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2. Bellingham, Whatcom help Mercy Housing step in to save ... - AOL

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   Mercy Housing recently made the winning bid, agreeing to buy Evergreen Ridge for $33 million, according to a city of Bellingham report attached to the June 20 City Council agenda. That deal closes ...

3. 300 Bellingham residents almost lost their homes. Then Mercy ...

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   “A lot of those families who have lived there for a long time would have had literally no place to go,” said Mercy Housing Northwest President Joe Thompson. 300 Bellingham residents almost ...

4. Subsidized housing in the United States - Wikipedia

   en.wikipedia.org/wiki/Subsidized_housing_in_the...

   Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...

5. 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.

6. Mercy Housing program puts low-income, first-generation ... - AOL

   www.aol.com/mercy-housing-program-puts-low...

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7. 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.