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It’s part of Durham Housing Authority’s vision to make affordable housing more equitable and economically sustainable.
Her accomplishments include helping secure a $40 million U.S. Department of Housing and Urban Development Choice Neighborhoods implementation grant, in partnership with the city of Durham in 2022 ...
The Joyce, an $18.8 million, four-story, 80-unit senior housing development, is located a block away from the Duke University Physician Assistant department on South Duke Street near downtown Durham.
HOPE VI is a program of the United States Department of Housing and Urban Development.It is intended to revitalize the most distressed public housing projects in the United States into mixed-income developments. [1]
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 ...
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 program offers financial aid to households with an annual gross income not surpassing 50% of HUD's median income criteria ...
The Treasury Department last year relaxed guidance around the stimulus money, meaning Durham can use it to help finance affordable housing. ‘Awesome opportunity’: Durham puts $10M of federal ...
The Section 1602 program was applicable to LIHTC awards made between October 1, 2006, and September 30, 2009. [17] Recent Congressional legislation proposed expanding this program to 2010 housing credits (see below). In the latter part of 2010, the market stabilized as non-traditional investors began to back fill the investment gap.