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Section 8 of the Housing Act of 1937 ( 42 U.S.C. § 1437f ), commonly known as Section 8, provides rental housing assistance to low-income households in the United States by paying private landlords on behalf of these tenants. Approximately 68% of this assistance benefits seniors, children, and individuals with disabilities. [1]
August 10, 1965 – The Housing and Urban Development Act of 1965 instituted several major expansions in federal housing programs. September 1965 – HUD is created as a cabinet-level agency by the Department of Housing and Urban Development Act. April 1968 – The Fair Housing Act is passed to ban discrimination in housing.
HUD.gov. Archived from the original on April 2, 2012. Learn more about housing discrimination. "File a housing discrimination complaint". HUD.gov. Archived from the original on October 5, 2013. Hillier, Amy. Redlining in Philadelphia. UPenn.edu. Archived from the original on June 14, 2017. "HOLC Maps for several U.S. cities".
The median sale price for a new home in March was $430,700. ... You Won’t Be Able To Afford Homes in These ZIP Codes. ... This program from the U.S. Department of Housing and Urban Development ...
President Biden has also proposed a $10,000 tax break for first-time buyers and middle-class families who sell their “starter homes” to another owner-occupant.
A HUD auction is a form of foreclosure auction except the original lender was a federal agency instead of a private lender. The United States Department of Housing and Urban Development (HUD), is the insurer of loans made through a variety of government programs, particularly FHA loans. When a lender forecloses on a government insured loan, HUD ...
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