Michigan Low Income and Senior Housing
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Low-Income Housing Tax Credit - The Low-Income Housing Tax Credit (LIHTC) is a tax credit created under the Tax Reform Act of 1986 that gives incentives for the development of housing aimed at low-income Americans. The credits are also commonly called Section 42 in reference to the applicable section of the Internal Revenue Code.
West Hartford Fellowship Housing - West Hartford Fellowship Housing is a senior housing community with 211 units of low income and section 8 housing available. Nestled in the north west corner of West Hartford, Connecticut.
Non-profit housing - Non-profit housing is owned and managed by private non-profit groups such as churches, ethnocultural communities or by governments. Non-profit housing uses private funding and government subsidies to support a rent-geared-to-income program for low-income tenants.
Housing subsidies - Housing subsidies are government funding to aid low income owners/tenants. This can be done on a percentage of income basis or some other formula.
michiganlowincomeandseniorhousing
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