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2. Northeast Ohio is the last refuge for affordable housing in ...

   www.aol.com/northeast-ohio-last-refuge...

   The least affordable metro area was Los Angeles, which scored only 0.3, while the metro areas of Youngstown (0.97) and Akron (0.95) in Ohio were rated most affordable. According to the latest ...

3. Social services and homelessness in Columbus, Ohio

   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-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 ...

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. Is owning a home no longer part of the American dream? For ...

   www.aol.com/owning-home-no-longer-part-113010204...

   Meanwhile, the median income dropped by 2% to $74,580 from 2020 to 2022, according to the Federal Reserve Bank of St. Louis. At the same time, digital real estate company Redfin recently reported ...

7. Affordable housing in the United States - Wikipedia

   en.wikipedia.org/wiki/Affordable_housing_in_the...

   The report's key figure, the "Housing Wage," reveals the hourly earnings necessary for full-time workers to afford fair market rental homes without exceeding 30% of their incomes. Nationally, the 2023 Housing Wage is $28.58 per hour for a modest two-bedroom home and $23.67 per hour for a one-bedroom home.