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  • Section 8 (housing)


    Section 8 housing in the South BronxSection 8 of the Housing Act of 1937 (), often called Section 8, as repeatedly amended, authorizes the payment of rental housing assistance to private landlords on behalf of approximately 4.8 million low-income households, as of 2008, in the United States. The largest part of the section is the Housing Choice Voucher program which pays a large portion of the rents and utilities of about 2.1 million households. The U.S. Department of Housing and Urban Development manages Section 8 programs. The Housing Choice Voucher Program provides "tenant-based" rental assistance, so a tenant can move from one unit of at least minimum housing quality to another. It also allows individuals to apply their monthly voucher towards the purchase of a home, with over $17 billion going towards such purchases each year (from ncsha.org analysis). Voucher amounts vary depending on what city or county you are in, size of unit, and other factors. Section 8 also authorizes a variety of "project-based" rental assistance programs, under which the owner reserves some or all of the units in a building for low-income tenants, in return for a federal government guarantee to make up the difference between the tenant's contribution and the rent in the owner's contract with the government. A tenant who leaves a subsidized project will lose access to the project-based subsidy. The United States Department of Housing and Urban Development (HUD) and the United States Department of Veterans Affairs (VA) have created a program called Veterans Affairs Supportive Housing (VASH), or HUD-VASH, which distributes roughly 10,000 vouchers per year at a cost of roughly $75 million per year to eligible homeless and otherwise vulnerable U.S. armed forces veterans. This program was created to pair HUD-funded vouchers with VA-funded services such as health care, counseling, and case management.

  • HomeAway


    HomeAway is a vacation rental marketplace with more than 2,000,000 vacation rentals in 190 countries listed on its website. It operates through 50 websites in 23 languages through which it offers rentals of cabins, condos, castles, villas, barns, and farmhouses. Founded in February 2005 and headquartered in Austin, Texas, the company became a publicly traded company in 2011. Expedia acquired HomeAway on December 15, 2015.

  • Joseph Floyd Manor


    The former Darlington Apartments are now used for senior citizen residences. The Joseph Floyd Manor is a retirement home in the upper peninsula area of Charleston, South Carolina. The building is located at the northwest corner of Mt. Pleasant St. and King St. The 12-story building was originally known as the Darlington Apartments and was designed by William G. Lyles, Bissett, Carlisle & Wolff of Columbia, South Carolina. The apartments cost $1,626,000 when it was built, starting in 1950. The ground floor was supposed to have space for commercial spaces, and the second floor was to have professional offices such as lawyers or doctors along with 156 apartments. Rent for an apartment ranged from $75 per month for a one-bedroom efficiency to $175 a month for one of three three-bedroom penthouse apartments. The property had been bought by Mr. Leonard D. Long in 1933 when it housed a tent community and there were only two nearby houses. Immediately before the construction began in January 1950, the site was home to a World War II-era nightclub known as the Windmill which was being used as a grocery store. The apartments were meant to cater to single men and women and retirees. Construction began in January 1950. In 1979, the Charleston County Housing and Redevelopment Authority tried to rework the building into apartments for the elderly with the assistance of $2.5 million from the Department of Housing and Urban Development. The lowest bid received for the work, however, was $3.6 million. At the time, the chairman of the Authority was Joseph H. Floyd. The work was eventually carried out, and the newly christened Joseph Floyd Manor reopened in March 1981 following a renovation. After the work, the first floor included a mix of uses; the second floor was for handicapped residents; and the upper floors were for the elderly. The building, named for chairman of the Authority board, reopened in March 1981.

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