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2. What Are HUD’s 7 Major Programs? - AOL

   www.aol.com/hud-7-major-programs-130017424.html

   With more than 7,000 employees and a budget of $68.7 billion, the United States Department of Housing and Urban Development (HUD) is an executive Cabinet department whose secretary reports ...

3. Subsidized housing in the United States - Wikipedia

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

   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 ...

4. HOME Investment Partnerships Program - Wikipedia

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

   It is the largest Federal block grant to states and local governments designed exclusively to create affordable housing for low-income families, providing approximately US$2 billion each year. [ 2 ] The program is commonly referred to as the Home Investment or Home Partnership Program, and is often operating in conjunction with other housing ...

5. 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.

6. 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.

7. 4 Million Homes Short: What Scott Turner's HUD Leadership ...

   www.aol.com/finance/4-million-homes-short-scott...

   Scott Turner’s nomination to lead the Department of Housing and Urban Development comes amid unprecedented housing affordability challenges. The nation faces a 4-million-unit shortage in ...