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Various government policies and programs have been put in place to address the causes and effects of affordable housing. One such government program is the Section 8 Housing Choice Voucher Program , which the U.S. Department of Housing and Urban Development (HUD) uses to provide rental assistance vouchers to eligible low-income households.
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
Public housing is a form of housing tenure in which the property is usually built and owned by a government authority, either central or local. In some countries, public housing is focused on providing affordable housing for low-income earners while in others, such as Singapore, citizens across a wide range of incomes live in public housing.
Here is a rundown of the housing bills set to take effect in 2025: SB 1037 - More housing in more communities Proposed by Sen. Scott Wiener, this targets local governments by applying penalties up ...
Homeownership is unaffordable for many, but the U.S. Treasury Department recently announced plans to increase the supply of affordable housing in the year ahead using unspent COVID-19 funds.
The Ugly News: Local Governments Keep Trying To Shut Down Homeless Shelters . This past week, the U.S. Department of Justice sued a Georgia community for trying to use its zoning laws to shut down ...