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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 ...
The Volunteer Income Tax Assistance (VITA) grant program is an Internal Revenue Service (IRS) initiative in the United States that supports free tax preparation service for the underserved through various partner organizations. VITA service helps low- to moderate-income individuals, persons with disabilities, the elderly, and limited English ...
This nearly $20 million, 38-unit development broke ground Thursday and is set to be completed in September 2025. The building will be home to low-income seniors ages 62 and older. Pennsylvania ...
September 10, 2024 at 5:55 PM. A year after opening its newest affordable housing development, The Kitchen Inc. is preparing plans to add additional stock to the senior housing portfolio in ...
Rent Relief Act. Kamala Harris discussing the Rent Relief Act. The Rent Relief Act was a U.S. federal bill proposed by Kamala Harris in 2018 that would offer tax credits to renters who earn less than $100,000 and spend over 30 percent of their income on rent and utilities. [1]
August 27, 2024 at 2:45 PM. ST. PETERSBURG, Fla. - After sitting vacant for close to a decade, city and county leaders broke ground on the Edward White Hospital’s next chapter in St. Petersburg ...
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