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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 Richmond Town Square opened in September 1966 as Richmond Mall. In 1997, Woolworths closed their store at the mall. In 1998, Kaufmann's was added to the mall as an anchor, originally located at the Euclid Square Mall in Euclid, Ohio , the anchor changes included the expansion of the Loews Theater from a 10-screen theater to a 20-screen ...
William A. Moses, the founder of the Community Housing Improvement Program, a trade association that represents the owners of over 4,000 apartment buildings in New York City, said in 1983 that rent control was "the principal reason for neighborhood deterioration" and that at least 300,000 apartment units would have been built in New York City ...
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Richmond Heights is located at (41.558183, -81.503651). [6] Richmond Heights borders Euclid on the west, Lyndhurst and South Euclid on the south, Highland Heights on the east, and Willoughby Hills to the north.