Examples of Low Rent in a sentence
The unit counts reported below include: • Low Rent, Mutual Help and Turnkey III units funded under 1937 Housing Act (i.e., units that were subject to an Annual Contributions Contract (ACC)).• Units converted prior to October 1, 1997, as the type of unit to which it was converted.• Units converted on or after October 1, 1997, as the type of unit funded on the latest ACC.
ASHA owned and operated subsidized housing programs sponsored by HUD such as Conventional Low Rent, Section 8 New Construction, Turnkey III Remote Housing, Mutual Help, Section 8 Additional Assistance, Section 8 Vouchers, and Section 8 Existing Housing.
Low Rent program participants are transitioned to the Home Grant and Occupancy (HomeGO) homebuyer program as they become qualified.
This Notice applies to the Low Rent Public Housing Program, the HA Owned/Leased Housing Homeownership Program (Turnkey III Program), the Section 23 Leased Housing Program, and the Mutual Help Homeownership Program.
Related Organization The City Council is responsible for appointing the members of the Low Rent Housing Board, but the City’s accountability for this organization does not extend beyond making the appointments.
The Low Rent Housing operating subsidy is recognized in the year approved by and received from, the U.S. Department of Housing and Urban Development.
The primary restricted revenue sources include: Revenue Source: Legal Restrictions of Use Low Rent Housing Program:LRH Operating subsidy and tenant rental income Public Housing Capital Fund: Federal (HUD) grantFunds are available to achieve and maintain adequate operating and maintenance services and reserves.
Related Organization The City Council Members are also responsible for appointing the members of the Low Rent Housing Board, but the City’s accountability for this organization does not extend beyond making the appointments.
Public Housing Capital Fund HUD provides grant funds to authorities with Low Rent Public Housing units on a formula basis.
The Department also borrowed funds from the private sector to assist in the construction and rehabilitation of low rent housing projects under the PIH Low Rent Public Housing Loan Program.