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The Atlanta Housing Authority (AHA) is an agency that provides affordable housing for low-income families in Atlanta. Today, the AHA is the largest housing agency in Georgia and one of the largest in the United States, serving approximately 50,000 people.
In 1996, The Atlanta Housing Authority (AHA) created the financial and legal model for mixed-income communities or MICs, that is, communities with both owners and renters of differing income levels, that include public-assisted housing as a component. This model is used by the U.S. Department of Housing and Urban Development's HOPE VI ...
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 ...
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]
The highest incomes to be considered middle class are in Hawaii, at $82,630, and then New York and Washington, D.C., where the minimum middle class annual income is $81,396.
Non-profit housing is owned and managed by private non-profit groups such as churches, ethnocultural communities or by governments. Many units are provided by community development corporations (CDCs). They use private funding and government subsidies to support a rent-geared-towards-income program for low-income tenants. [7] [8] [clarification ...