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2. Concord Park (Charleston) - Wikipedia

   en.wikipedia.org/wiki/Concord_Park_(Charleston)

   Starting in 1847, the Concord Park tract was an industrial site that for many years housed a gas plant that spread coal tar and other chemicals, according to South Carolina environmental regulators. [2] A low-income housing project known as the Anson Borough Homes, with 162 units, was built in 1940 as part of a federally funded slum clearance. [3]

3. Section 8 (housing) - Wikipedia

   en.wikipedia.org/wiki/Section_8_(housing)

   Section 8 of the Housing Act of 1937 (42 U.S.C. § 1437f), commonly known as Section 8, provides rental housing assistance to low-income households in the United States by paying private landlords on behalf of these tenants. Approximately 68% of this assistance benefits seniors, children, and individuals with disabilities. [1]

4. Low-income seniors told to move as developer buys historic ...

   www.aol.com/low-income-seniors-told-move...

   An affordable housing complex serving seniors in downtown Columbia has been sold, forcing its low-income residents to find new homes. The buyer is pitching a $1.4 million restoration of the ...

5. Development of non-profit housing in the United States

   en.wikipedia.org/wiki/Development_of_non-profit...

   Unlike CDBGs, HOME funds are granted to states and local jurisdictions specifically for the provision of affordable owned and rental housing for low- and moderate-income households by. States receive 40% of funds and cities and other local governments receive 60%. Allocation of funds is based on a needs based formula (similar to the CDBG ...

6. Mortgages for seniors: Getting a home loan in retirement - AOL

   www.aol.com/finance/mortgages-seniors-getting...

   Roughly two-thirds of adults who own a home have a mortgage, according to 2022 data from the U.S. Federal Reserve.. The median mortgage in 2022 was $1,400 per month, based on data from the U.S ...

7. 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.