'The impact of our Tahanan Ko Affordable Housing Initiative has gone beyond addressing the housing backlog in the country and providing access to low-income families to affordable housing loans,' said Republic Cement CEO and President Nabil Francis. Republic Cement's housing program boosts earnings ...
Those affordable housing units were built with the Low-Income Housing Tax Credit, or LIHTC, a federal program established in 1986 that provides tax credits to developers in exchange for keeping rents low. It has pumped out 3.6 million units since then and boasts over half of all federally supp...
Affordable housing initiative launched.(HOMES)Gendler, Neal
The term affordable housing refers to dwellings for individuals or families with what are considered “low” incomes. Definitions of “affordable” vary from place to place and are dependent on a range of local factors and measures.
It is stated that the Department of Housing and Urban Development's (HUD's) Mark-to-Market (M2M) restructuring initiative has matured since the introduction of the Multifamily Assisted Housing Reform and Affordability Act of 1997 (MAHRAA). However, the program was never meant as a ...
Building Affordable Workforce Housing in Florida We’ve been making more and more progress on this initiative every day, and now, we’re thrilled to share that groundbreaking on this development is targeted for next year, with the first units anticipated to be completed in ...
Discover affordable and architecturally stunning housing options in Los Angeles with Awesome and Affordable: Great Housing Now.
The introduction of green-certified affordable housing is not just a housing initiative but a step toward tackling the ongoing challenges of climate change. Penang has already been experiencing the effects of extreme weather patterns, making it imperative for the state to adopt measures that...
Learn more on how Manchester-by-the-Sea citizens are working together to protect and conserve wetlands and also explore and develop affordable housing.
and/or rehabilitation of rental housing for projects where at least 20% of the units must be occupied by, and affordable to, households with incomes at or below 50% of area median income. This initiative has the capacity to increase the portfolio of affordable housing units within th...