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The Biden-Harris administration's proposed nationwide rent cap would exacerbate the housing shortage, disincentivize new housing construction, and reduce property tax revenue, while not addressing ...
The housing-first approach was created in the 1990s to address veterans who lacked housing. While Republicans have attacked housing-first plans, the Biden administration has advanced them.
To close it sooner than that, according to McKinsey’s calculations, there would have to be a 20-year-long affordable housing plan, costing between $1.7 trillion to $2.4 trillion, producing 7.3 ...
HOPE VI is a program of the United States Department of Housing and Urban Development.It is intended to revitalize the most distressed public housing projects in the United States into mixed-income developments. [1]
Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...
Despite the breadth of and critical praise for the initiative, [9] as well as the administration's claim that the largest number of homes since 2006 were built under the plan, critics pushed against the administration for not leading enough on bipartisan negotiations with Congress, [10] and not working hard enough with the private sector to bring down housing costs.
With U.S. home prices surging to historic highs and rents rising across the country, lawmakers are once again taking aim at rent control legislation to promote more affordable housing. See: Rental...
In 1990, California amended the Housing Accountability Act (HAA, passed a decade before that) which created the state's builder's remedy process. Under the HAA, if a local municipality is not in compliance with California's housing development goals, developers are authorized to bypass that municipality's zoning laws so long as the new housing development contains at least 20% low-income ...