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Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...
The State Housing Development Authority Act of 1966 also established and continues to provide acceleration and foreclosure procedures, provide tax exemption, authorize payments instead of taxes by nonprofit housing corporations, consumer housing cooperatives, limited dividend housing corporations, mobile home park corporations, and mobile home ...
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 ...
In 2010, the U.S. Department of Treasury sent Michigan $761 million in Hardest Hit Funds following the housing and mortgage crisis. MSHDA said that it expects that applications will exceed ...
Ann Arbor is a case in point. Housing affordability in the university town is a real challenge. Zillow reports the median rent for a two-bedroom apartment is $1,975 per month; in comparison, a ...
Lake Parc Place/Lake Michigan High-rises (Lake Michigan High-rises demolished; Lake Parc Place renovated) Lawndale Gardens (Renovated 2008) LeClaire Courts (demolished 2010) Lowden Homes (Renovated 2008) Prairie Courts (demolished 2001) Racine Courts (Renovated 2009) Raymond Hilliard Homes (Renovated 2006) Robert Taylor Homes (Demolition ...