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  2. Franklin County OKs $5M to help minority, female developers ...

    www.aol.com/news/franklin-county-oks-5m-help...

    The Franklin County Board of Commissioners granted $5 million in COVID-19 funds to the Affordable Housing Trust to help emerging minority developers.

  3. Social services and homelessness in Columbus, Ohio - Wikipedia

    en.wikipedia.org/wiki/Social_services_and...

    The city has many neighborhoods below the poverty line, and has experienced a rise in homelessness in recent decades. Social services include cash- and housing-related assistance, case management, treatment for mental health and substance abuse, and legal and budget/credit assistance. Amid food insecurity in Columbus, with several neighborhoods ...

  4. Low wages, high rental costs: Affordable housing remains ...

    www.aol.com/low-wages-high-rental-costs...

    Washington’s minimum wage is $16.28 and the average renter wage is $28.95 while the cost of a 2-bedroom home in Washington is $2,097, according to the Fair Market Rent. According to the report ...

  5. Subsidized housing in the United States - Wikipedia

    en.wikipedia.org/wiki/Subsidized_housing_in_the...

    The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...

  6. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    v. 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 ...

  7. Believe it or not, there is a housing surplus—but not for ...

    www.aol.com/finance/believe-not-housing-surplus...

    The peer-reviewed study, published in April in the academic journal Housing Policy Debate, found that between 2000 and 2020, the U.S. had a surplus of 3.3 million homes—defying conventional ...

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