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  2. Holladay Ventures unveils new East Nashville affordable ...

    www.aol.com/holladay-ventures-unveils-east...

    The 140 apartments being developed by Holladay Ventures at Park24 will include 52 units affordable to residents making less than 80% of Nashville's area median income ($55,900), 53 units ...

  3. How Nashville's tax break program fueled creation of 10,000 ...

    www.aol.com/nashvilles-tax-break-program-fueled...

    One of Metro Nashville's key affordable housing incentive tools is the MDHA PILOT program. This year it reached 10,000 units since 2016. ... According to MDHA, nearly 75% of the program's 50 ...

  4. Transforming motels into affordable housing - AOL

    www.aol.com/finance/love-place-nashville...

    Nashville is in the midst of an affordable housing shortfall. A 2021 government report stated that in order to meet demand, 52,498 units would need to be created by 2030, requiring a significant ...

  5. 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.

  6. Metropolitan Development and Housing Agency - Wikipedia

    en.wikipedia.org/wiki/Metropolitan_Development...

    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]

  7. Affordable housing - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing

    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 ...

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