2. RELIGION may be defined as beliefs and patterns of behavior by which people try to deal with what they view as important problems that canât be solved by other means: e.g. the need to confront and explain life and death. All cultures have religions, which are powerful and dynamic forces in human society.
Rent control, or rent stabilization, is a collection of laws that restrict the rents a landlord can charge and limits the reasons for eviction. The two work together, so that the landlord doesn't get around a rent limit by evicting the tenant, instead, or vice versa.
LIHTC can assist an owner in funding the development and construction of an apartment community. The Low Income Housing Tax Credit program, managed by the U.S. Department of Housing and Urban Development, began in 1986. Through the program, owners of multi-family homes designate income-based apartments, also referred to as tax credit properties, to low-income residents for a reduced rent. Owners receive a financial benefit from the government for their involvement in the program.