Tax credit apartments HUD compliance problems

There are thousands of affordable housing apartments going up across the country. They are also known as "low income housing tax credit" properties; admission and rent is based on an applicants' income as well as a median formula for the part of the country. The apartments can be valued at over $1600 per month. Applicants are offered a reduced rent (example $400-800) in exchange for the owner complying with HUD regulations; the owner receives tax credits for keeping the rent low. Rittenhouse ...
Author: legaladvocate71; Tags: tax credit apartments hud compliance safran thomas housing racism discrimination

















