U.S. Department of Housing and Urban Development (HUD) is the nation’s housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and supporting the homeless,
Housing and Urban Development Secretary Ben Carson announced Wednesday a proposal that would increase rent payments for more than two million of the nation's poorest. The new low-income rent reform would require households that receive federal housing assistance to pay 35% of their gross income in...
Granting tax credits for development, waiving development levies and taxes, and providing rent-geared-to-income assistance—either through a housing initiative or directly to individuals—have been tried as ways to encourage for-profit developers to construct housing or to continue to provide it for ...