Real Estate Industry: Affordable Housing

The Department of Housing and Urban Development (HUD) sets income limits that determine eligibility for assisted housing programs including the Public Housing, Section 8 project-based, Section 8 Housing Choice Voucher, Section 202 housing for the elderly, and Section 811 housing for persons with disabilities programs. HUD develops income limits based on Median Family Income estimates and Fair Market Rent area definitions for each metropolitan area, parts of some metropolitan areas, and each non-metropolitan county.

The Congressional Research Service has put together this report for Members and Committees of Congress. Today’s federal housing assistance programs fall into three main categories: rental housing
assistance, assistance to state and local governments, and assistance for homeowners. Most of
these programs are administered by the Department of Housing and Urban Development (HUD).

Existing and pending home sales, housing affordability and metro area median home prices and affordability data.

HUD awards discretionary funding through over 20 Grant programs that support HUD initiatives, including Affordable Housing Development and Preservation, Community and Economic Development, Environment and Energy, Fair Housing, Homelessness, Homeownership, Rental Assistance, and Supportive Housing and Services.

Local Housing Solutions (LHS) was developed for policymakers and practitioners from cities of different sizes and different levels of resources and technical capacity. LHS presents a rich and evolving set of resources to support comprehensive, balanced, and equitable housing strategies that enhance affordability, protect low-income residents from displacement and unsafe conditions, and foster inclusive neighborhoods.

Learn about government programs that help low-income people find affordable rental housing. Each of the programs - subsidized housing, public housing, and housing choice vouchers - is different. Get the details on how they work, who is eligible, and how to apply.

The National Low Income Housing Coalition educates, organizes and advocates to ensure decent, affordable housing for everyone.

HUD collects LIHTC data at the property level and the tenant level. This page provides access to the property and tenant level data and also to data on Qualified Census Tracts and Difficult Development Areas designated by HUD.

The Urban Institute and Brookings Institution Tax Policy Center describe he Low-Income Housing Tax Credit (LIHTC) , which subsidizes the acquisition, construction, and rehabilitation of affordable rental housing for low- and moderate-income tenants.

The Tax Foundation is the nation’s leading independent tax policy 501(c)(3) nonprofit. Since 1937, it has provided principled research, insightful analysis, and engaged experts to inform smarter tax policy at the federal, state, and global levels.

The National Housing Law Project's mission is to advance housing justice for poor people and communities. It has compiled information about the low-income housing tax credit and related topics.

MSHDA is leading the development of Michigan's first collaborative statewide housing plan.

The MI State Housing Development Authority (MSHDA) oversees and administers a variety of rental housing programs. These programs involve Housing Choice Voucher assistance or subsidized housing through Low Income Tax Credits, HOME, CDBG and/or MSHDA Multifamily Development Loans.

The National Low Income Housing Coalition has State of Michigan level data, partners, and other resources.

Administered in Michigan by the Michigan State Housing Development Authority (MSHDA), this program permits investors in affordable rental housing who are awarded the credit- corporations, banking institutions, and individuals - to claim a credit against their tax liability annually for a period of 10 years.

Ann Arbor's Community Sustainability Goal: Provide high quality, safe efficient and affordable housing choices to meet the current and future needs of our community, particularly for the homeless and low-income households.

This system provides complete documentation of the development of the Income Limits (ILs) for any area of the country selected by the user.

From the Planetizen "Planopedia", the concept of Area Median Income is dicsussed.

The Ann Arbor Housing Commission has converted all of its affordable ​housing properties to project-based vouchers under the HUD Rental ​​​Assistance Demonstration (RAD) program.

The Ann Arbor Affordable Housing Fund is established for the promotion, retention and creation of long term affordable housing for households with incomes less than 60% of the City's median income.

The Ann Arbor Housing Commission produced this report that highlights its services and the affordability of housing in the city over several years. It also includes population demographic data and a housing needs assessment.

2020-2021 Public Engagement Recommendations presentation as prepared for the City of Ann Arbor by the Smith Group.