The Residency Pre-application Form is used by Trek Development Group in Pennsylvania for individuals who are interested in applying for LIHTC (Low-Income Housing Tax Credit), Home, Rural Development, or Section 8 properties. It allows individuals to express their interest in these types of affordable housing options.
Q: What is LIHTC?
A: LIHTC stands for Low-Income Housing Tax Credits. It is a federal program that provides tax incentives to developers to create affordable rental housing for low-income individuals and families.
Q: What is Home?
A: HOME is a federal program that provides grants to state and local governments to fund affordable housing initiatives.
Q: What is Rural Development?
A: Rural Development is a branch of the U.S. Department of Agriculture that provides loans, grants, and technical assistance to rural communities for housing and community development projects.
Q: What is Section 8?
A: Section 8 refers to the federal Housing Choice Voucher Program, which provides rental assistance to low-income individuals and families.
Q: What is the Residency Pre-application Form?
A: The Residency Pre-application Form is a form that individuals must fill out to express their interest in applying for affordable housing at LIHTC, HOME, Rural Development, or Section 8 properties developed by Trek Development Group in Pennsylvania.