subsidized housing
(noun)
A form of housing that is subsidized by the government for people with low-incomes.
Examples of subsidized housing in the following topics:
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Housing Policy
- Public housing is administered by federal, state and local agencies to provide subsidized assistance to those with low-incomes.
- Public housing in the United States has been administered by federal, state, and local agencies to provide subsidized assistance for low-income people and those living in poverty.
- Subsidized apartment buildings in the U.S. are usually called housing projects, and the slang term for a group of these buildings is "the projects".
- One of the most unique U.S. public housing initiatives was the development of subsidized middle-class housing during the late New Deal (1940–42) under the auspices of the Mutual Ownership Defense Housing Division of the Federal Works Agency under the direction of Colonel Lawrence Westbrook.
- They are intended to increase the availability of affordable housing and improve the quality of low-income housing, while avoiding problems associated with concentrated subsidized housing.
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Providing Public Services
- In modern developed nations, the term "public services" includes sectors, such as electricity, fire services, gas, law enforcement, military, environmental protection, public housing, public transportation, etc.
- In modern, developed nations, the term "public services" includes sectors, such as electricity, fire services, gas, law enforcement, military, environmental protection, public housing, public transportation, etc.
- Examples of merit goods include the provision of food stamps to support nutrition, the delivery of health services to improve the quality of life and reduce morbidity, subsidized housing and, arguably, education.
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The Benefits of Socialism
- Wealth redistribution can occur through targeted, progressive taxation and welfare policies such as free/subsidized education and access to housing.
- Additionally, subsidized access to housing, food, pharmaceutical goods, water supply, waste management and electricity is common.
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Conclusion: The Legacy of the New Deal
- A number of social assistance programs that exist in the United States today trace their legacy to the New Deal era, including old age pensions, unemployment insurance, farm subsidies, subsidized public housing, support for the disabled, or support for children in the poorest families.
- They are designed to subsidize the needs of the general population with various eligibility requirements.
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Peacetime Politics
- he president was faced with the reawakening of labor-management conflicts that had lain dormant during the war years, severe shortages in housing and consumer products, and widespread dissatisfaction with inflation, which at one point hit 6% in a single month.
- His proposal passed the House of Representatives, but failed in the Senate.
- The parties did cooperate on some issues; Congress passed the Presidential Succession Act of 1947, making the Speaker of the House rather than the Secretary of State next in line to the presidency after the vice president.
- A Census report confirmed that gains in housing, education, living standards, and income under the Truman administration were unparalleled in American history.
- Bill, which subsidized the businesses, training, education, and housing of millions of returning veterans.
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A Halfway Revolution
- Social programs in the United States compromise a set of programs that are designed to subsidize the needs of the general U.S. population, but with various eligibility requirements and provided by various organizations: federal, state, local agencies, and private organizations.
- The main programs are mandatory and universal primary and secondary education at the local level, subsidized college education, unemployment disability insurance, income subsidies for eligible low wage workers, housing subsidies, food stamps, pensions for eligible persons, and health insurance programs that cover public employees.
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The Affordable Care Act
- Many of his supporters assumed such reforms would move quickly through Congress, since Democrats had comfortable majorities in both houses, and both Obama and McCain had campaigned on healthcare reform.
- The final version of the Affordable Care Act includes health-related provisions to take effect over four years, including expanding Medicaid eligibility for people making up to 133% of the federal poverty level (FPL) starting in 2014; subsidizing insurance premiums for people making up to 400% of the FPL ($88,000 for family of four in 2010) so their maximum out-of-pocket payment for annual premiums will be from 2 to 9.5% of income; providing incentives for businesses to provide health care benefits; prohibiting denial of coverage and denial of claims based on pre-existing conditions; establishing health insurance exchanges; prohibiting annual coverage caps; and support for medical research.
- According to White House and Congressional Budget Office figures, the maximum share of income that enrollees would have to pay would vary depending on their income relative to the federal poverty level.
- Discontent over the Affordable Care Act helped the Republicans capture the majority in the House of Representatives in the 2010 midterm elections.
- President Obama signs the Patient Protection and Affordable Care Act into law on March 23, 2010, as Vice President Biden, Speaker of the House Nancy Pelosi, Senate Majority Leader Harry Reid, and others look on.
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Global Impacts
- The United States has also seen an incredible reduction in governmental efficacy with the least effective house of representatives for nearly a century alongside dramatic polarization of public opinion towards left-wing and right-wing ideas.
- Reducing interest rates to drive up borrowing and investment, providing tax benefits to the unemployed and underemployed, and subsidizing new business have created positive steps towards meaningful recovery globally.
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Shifts in investment due to shocks
- For example, during the global financial crisis in 2008, the negative demand shock in the U.S. was caused by falling housing prices, the subprime mortgage crisis, and lost household wealth.
- Although demand shocks can have a positive impact on investment, the substantial swing investment usually causes an instability to results in decreased investment once the initial positive tendencies subside.
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Health Care Reform
- Several buses leaving from different points in the United States stopped in many cities along the way to the final destination of the White House.
- When the bus tour ended on August 3rd, the riders were greeted by President Clinton and the First Lady on the White House South lawn for a rally that was broadcast all over the world.
- Employers with 50 or more workers who do not offer coverage face a fine of $2,000 for each employee if any worker receives subsidized insurance on the exchange.