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The federal grant program that sustains the development requires apartments to be rented out exclusively to low-income tenants — some of whom are at or below 30% of the area median income, some ...
The city has many neighborhoods below the poverty line, and has experienced a rise in homelessness in recent decades. Social services include cash- and housing-related assistance, case management, treatment for mental health and substance abuse, and legal and budget/credit assistance. Amid food insecurity in Columbus, with several neighborhoods ...
v. t. e. The Low-Income Housing Tax Credit (LIHTC) is a federal program in the United States that awards tax credits to housing developers in exchange for agreeing to reserve a certain fraction of rent-restricted units for lower-income households. [ 1] The program was created under the Tax Reform Act of 1986 (TRA86) to incentivize the use of ...
Riverbend (Columbus, Ohio) / 39.923871°N 83.105991°W / 39.923871; -83.105991. Riverbend is a neighborhood in southwest Columbus, Ohio. Riverbend itself is a single subdivision that is located next to Big Run Park. Because Riverbend is at the southwest border of the city, it was not annexed into the city until the late 1960s.
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 ...
After years of exploding rates, low inventory and high home prices, there seems to be some hope on the horizon finally for homebuyers. Some specific housing markets are becoming even more ...
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