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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 ...
Virginia has the sixth highest per capita income of any state in the United States of America, at $23,975 (2000). Its personal per capita income is $33,671 (2003). Virginia counties and cities by per capita income (2010). Virginia counties and cities by median family income (2010). Virginia counties and cities by median household income (2010).
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.
City of Gainesville ... nation’s leading industries for 16- through 24-year-olds from low-income households. ... and receive health care from the VA can bypass the registration process and call ...
The median household income was $76,300 and the median family income was $82,627. Males had a median income of $46,934 and females $40,385. The per capita income was $35,196. About 1.9% of families and 2.8% of the population were below the poverty line, including 3.7% of those under age 18 and 0.6% of those age 65 or over.
Get the Gainesville, VA local weather forecast by the hour and the next 10 days.
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