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The Nashville Housing Authority (NHA) was the predecessor to the MDHA it received approval by the City Council on Oct. 31, 1938. The housing authority was set up after the passage of the United States Housing Act of 1937. In December 1972 the NHA board recommended a name change to the Metro Development and Housing Agency (MDHA). [1]
Non-profit housing is owned and managed by private non-profit groups such as churches, ethnocultural communities or by governments. Many units are provided by community development corporations (CDCs). They use private funding and government subsidies to support a rent-geared-towards-income program for low-income tenants. [7] [8] [clarification ...
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
Rank County Per capita income Median household income Median family income Population Number of households 1 Williamson: $27,925 $87,832 $100,407 183,182
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.
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