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The main Section 8 program involves the voucher program. A voucher may be either "project-based"—where its use is limited to a specific apartment complex (public housing agencies (PHAs) may reserve up to 20% of its vouchers as such [11])—or "tenant-based", where the tenant is free to choose a unit in the private sector, is not limited to specific complexes, and may reside anywhere 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 ...
Some housing subsidies are provided to low income tenants in renting housing. These include shelter allowances, housing supplements, and shelter supplements from regional and local governments designed to help low-income households that spend a large proportion of their income on rent, such as New York City 's Family Eviction Prevention ...
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.
The median income for a household in the city was $23,004, and the median income for a family was $31,237. Males had a median income of $31,521 versus $20,896 for females. The per capita income was $15,078. About 18.3% of families and 23.6% of the population were below the poverty line, including 31.1% of those under 18 and 14.5% of those 65 or ...
Chillicothe (/ ˌ tʃ ɪ l ɪ ˈ k ɒ θ i / CHIL-ih-KOTH-ee) [6] is a city in and the county seat of Ross County, Ohio, United States. [7] The population was 22,059 at the 2020 census . [ 8 ] Located along the Scioto River 45 miles (72 km) south of Columbus , Chillicothe was the first and third capital of Ohio .
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