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affordable home

2021 Outlook for Affordable Housing: Importance of Grants and Tax Credits

The US has a shortage of 6.8 million affordable housing units for extremely low-income renters, according to the 2021 Gap Report from the National Low Income Housing Coalition (NLIHC). In the report, an extremely low-income household is one below the poverty line, or below 30% of the median area income. For every 100 renter households that meet
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