Posted on 07/31/2025 9:00:34 PM PDT by ransomnote
When you live with a cat with a 200 IQ, it’s never boring
https://www.youtube.com/watch?v=vE-fhJruhNg
H/t CtC substcack links
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That was all part of Obama’s plan, to intersperse the subdivisions with Section 8 inner city gibmedats.
Looks like Zelenskyy had a bail out plan using American Dollars:
He is transferring over $50 million to the UAE every month.
Turkish newspaper Aydinlik published on Monday the bank accounts of companies based in the UAE involved in the corruption scheme of Volodymyr… pic.twitter.com/C4l7t8k4DG— Rep. Anna Paulina Luna (@RepLuna) August 16, 2025
Reagan signed into law a program that encourages this type of housing. It is still in effect today.
The Low-Income Housing Tax Credit (LIHTC) subsidizes the acquisition, construction, and rehabilitation of affordable rental housing for low- and moderate-income tenants. The LIHTC was enacted as part of the 1986 Tax Reform Act and has been modified numerous times. It has generated over 3.5 million units in all since its inception......
The federal government issues tax credits to state and territorial governments. State housing agencies then award the credits to private developers of affordable rental housing projects through a competitive process. Developers generally sell the credits to private investors to obtain funding. Once the housing project is placed in service (essentially, made available to tenants), investors can claim LIHTCs over a 10-year period.
Qualifying for the Credit
Many types of rental properties are LIHTC eligible, including large apartment buildings, single-family homes, or two- to four-unit buildings.
Owners or developers of projects receiving LIHTCs agree to meet an income test for tenants and a gross rent test. There are three ways to meet the income test:
At least 20 percent of the project’s units are occupied by tenants with an income of 50 percent or less of area median income adjusted for family size (AMI).
At least 40 percent of the units are occupied by tenants with an income of 60 percent or less of AMI.
At least 40 percent of the units are occupied by tenants with income averaging no more than 60 percent of AMI, and no units are occupied by tenants with income greater than 80 percent of AMI.
The gross rent test requires that rents do not exceed 30 percent of either 50 or 60 percent of AMI, depending upon the share of tax credit rental units in the project.
All LIHTC projects must comply with these aforementioned income and rent tests for 15 years, or the amount of the tax credits is recaptured (paid back). In addition, an extended compliance period (30 years in total) is generally imposed by state housing agencies.
Computing the Credit
The annual credit claimed by a taxpayer equals a credit percentage multiplied by the project’s qualified basis. The percentage is larger for new construction or substantial rehabilitation (roughly 9 percent but specified in the law as a 70 percent present value credit) than for properties acquired for rehabilitation or for projects funded using tax-exempt bonds (roughly 4 percent but specified as a 30 percent present value credit). The qualified basis equals the fraction of the cost of the housing project rented to tenants meeting the income tests. For many LIHTC projects, the owners or developers aim to rent 100 percent of the units to qualifying tenants.
State housing finance agencies may allocate enhanced tax credits to qualified projects in areas where the need is greatest for affordable rental housing or development is the most difficult. Under the program, these “difficult development areas” or “qualified census tracts” can get a 30 percent boost in available credits. So too can developments that are not financed with tax-exempt bonds.
Allocating the Credit
Congress sets a limit on the amount of LIHTC that can be allocated in any year. For 2023, each state was allocated $2.75 per capita. There is a floor of $3,185,000 million, which means states with low populations get a somewhat larger award on a per capita basis. Both the per capita allocation and small state floor dollar amounts are adjusted for inflation.
The Joint Committee on Taxation estimates LIHTC will cost around $13.2 billion in 2023, increasing to $15.2 billion by 2025. It is by far the largest federal program encouraging the creation of affordable rental housing for low-income households.
https://taxpolicycenter.org/briefing-book/what-low-income-housing-tax-credit-and-how-does-it-work
HUD’s LIHTC database contains information on 54,102 projects and 3.7 million housing units placed in service between 1987 and 2023. Data for properties placed in service in 2024 will be collected in the fall of 2025 and added to this database in the spring of 2026.
https://www.huduser.gov/portal/datasets/lihtc/property.html
I agree! Since it was a long meeting, I am assuming we will hear good news very soon from the Ukraine.
Re Maduro’s bounty:
Will the government use these things or sell them to reduce the deficit?
I hope you will be extremely happy in your new home, Meyer!
bbb sec 8
Thank you so much for all your time and effort you put into your work.
❤🎹 Ames 🎹❤ on X: “Michigan beauty pageant crowns first ever hijab wearing contestant as ‘Miss Wayne County.’ Oh. Good. Lord. 🙄🙄 https://t.co/m66OMk3Dga” / X
https://x.com/Real_Ames/status/1956796660262084838
GREAT BREAKING 2A NEWS: TRUMP DOJ CONCEDES “SENSITIVE PLACES” FIGHT!
https://www.youtube.com/watch?v=OJULMKJ8kRI
Amazing link.
The half dead 2A, if truth matters, was never going to hold up in any “special places”, because it was not meant to.
All places are subject to the Constitution. Hanging that “30 Statute” on a store front was cause to snort. Nobody paid any attention to it, except to fly. So they quit flying, too.
Sheep fly, and 2A former fliers would rather travel in the sheep hauler.
America has been so long bathed in perfumed thinking, that eventually Traditional understanding and The US Constitution has been scrubbed. All in order to make room for world collapse, under Modernism.
Someone has finally rung the bell. We’ll see how it flies in the skies.😬
🇺🇸🇷🇺🇺🇦Trump may make Zelensky a scapegoat if American efforts to mediate a peaceful settlement in Ukraine fail, writes The Times.
According to its assessment, this is indicated by Trump’s words that further progress in reaching an agreement on Ukraine now depends on Zelensky.
The publication notes that Trump has already agreed to abandon the prospect of Ukraine’s NATO membership, and may now also accept other Russian demands, “such as removing Zelensky from office or excluding EU membership.”
~~~
🇺🇸🇺🇦🇷🇺Trump informed Zelensky and NATO leaders that Putin does not want a ceasefire and prefers a comprehensive peace agreement to end the war, reports Axios journalist Barak Ravid citing a source.
Moreover, according to the source who participated in the phone call, Trump generally agrees with Putin’s position.
“I believe that quickly reaching a peace agreement is better than a ceasefire,” the source quotes Trump as saying.
He also reports that the phone conversation between Trump, Zelensky, and NATO country leaders “was not easy.”
~~~
POTUS now has reason to get real with YourUp. Talks were doubtless a lesson in real and has to have came with receipts.
Hope Rubio drank some of the “Real”, so he can begin to stand straight up to Graham the Hawk, and should be featherless, by this bi-lateral.
Z to arrive for another dose of real, at the White House.
No Fly Over is expected.
The house upkeep expenses must be horrendous! 🤔
He is kicking the doors of H3ll down! He may soon be permitted to enter...
'Good news', probably... but perhaps not the kind that you anticipate...
Love it!
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