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  2. September 12, 2024 at 7:59 PM. PHILADELPHIA - Pennsylvania Governor Josh Shapiro has signed an executive order that has created the state’s first housing action plan to increase affordable ...

  3. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    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 ...

  4. Low-Income Housing Tax Credit: a flawed, ineffective policy ...

    www.aol.com/low-income-housing-tax-credit...

    Since the amount of tax credits is based on total development costs, there is little incentive for developers to keep costs down. As per-unit costs rise, fewer affordable housing units can be built.

  5. ‘The cost of housing is so important’: President Biden ...

    www.aol.com/finance/cost-housing-important...

    The president wants to increase the number of tax credits available for low-income housing developers and approve a $20 billion innovation fund for affordable housing expansion.

  6. Pennsylvania Housing Finance Agency - Wikipedia

    en.wikipedia.org/wiki/Pennsylvania_Housing...

    Website. www.phfa.org. The Pennsylvania Housing Finance Agency is a non-profit organization which serves the people of Pennsylvania by offering affordable housing resources, including loans and rent assistance. PHFA was created by an Executive Order by the Pennsylvania General Assembly in 1972. [1]

  7. Tax Credit Assistance Program - Wikipedia

    en.wikipedia.org/wiki/Tax_Credit_Assistance_Program

    e. The Tax Credit Assistance Program (TCAP) is a Federal housing grant program administered by HUD which assists Low Income Housing Tax Credit (LIHTC) projects funded during 2007, 2008 and 2009. The TCAP program is part of the American Recovery and Reinvestment Act which was signed by President Obama on February 17, 2009.

  8. Affordable housing incentives proposed in land use code update

    www.aol.com/news/affordable-housing-incentives...

    September 20, 2024 at 11:34 PM. Sep. 20—A proposed rewrite of Santa Fe's land use code would create additional incentives for affordable housing immediately rather than waiting for a later stage ...

  9. Pennsylvania Department of Community and Economic Development

    en.wikipedia.org/wiki/Pennsylvania_Department_of...

    www.newpa.com. Pennsylvania Department of Community and Economic Development is a cabinet-level state agency in Pennsylvania. The mission of the department is to enhance investment opportunities for businesses and to improve the quality of life for residents. The department works to attract outside corporations, spur expansion of existing local ...

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