Release Fannie Mae and Freddie Mac to Address Housing Crisis
Addressing Fannie Mae and Freddie Mac’s Future Sixteen years have passed since Fannie Mae and Freddie Mac became entangled with the federal reserve. This amendment, intended as temporary, has turned into a long-term situation governed by the government. It’s probably time to wrap this up. The Trump administration has an opportunity to close the chapter […]
A new bill in Washington might permit undocumented immigrants to access housing aid.
A recently passed bill in Washington could allow illegal immigrants to access cash assistance through housing programs, which has raised some concerns. Last month, the state’s Democratic-led Congress approved SB 5232, which has been sent to Governor Bob Ferguson. This bill updates aspects of the Housing and Intrinsic Needs Referral Program (HEN), providing support to […]
Funding for public housing in NYC may be reduced by half as local Democrats criticize the Trump administration.
Officials have warned that funding for the New York City Housing Authority could be reduced significantly amidst tighter federal budgets. Trump’s proposed budget for fiscal year 2026 suggests a cut of roughly $33 billion from Housing and Urban Development (HUD) funding. “If these drastic cuts go through, it’s the residents of NYCHA who will bear […]
Zohran Mamdani gained from taxpayer-funded housing at Columbia University that he aims to eliminate.
Mamdani’s Push for Property Tax Changes New York City mayoral candidate Zohran Mamdani is advocating for the removal of substantial property tax exemptions currently enjoyed by private universities, particularly Columbia University. Mamdani, a democratic socialist and assembly member from Astoria, Queens, has introduced legislation aimed at altering or completely abolishing tax exemptions for “private institutions […]
Trump Plans to Use Housing Funds for Unauthorized Immigrants to Construct National Warrior Independence Center
Trump to Launch National Center for Homeless Veterans On Friday, President Trump revealed plans to create the National Center for Independence of the Warriors at the West Los Angeles Veterans Bureau of Human Services. This center aims to provide essential support and housing services to homeless veterans. Funds that were meant for other services for […]
Melania Trump aids in obtaining $25 million for foster care housing: ‘Important step’
Melania Trump Announces $25 Million Investment in Foster Care On Friday, First Lady Melania Trump revealed that the upcoming fiscal year 2026 budget will allocate $25 million towards supporting foster parents. This funding is directed to the U.S. Housing and Urban Development Agency (HUD) to assist youth programs and to help young individuals transition out […]
Trump plans to establish a national center for homeless veterans using funds that were once allocated for housing illegal immigrants.
Trump Signs Executive Order for Veterans President Donald Trump recently signed an executive order aimed at creating a national center for homeless veterans, utilizing funds previously allocated for services aimed at illegal immigrants. This decision marks a significant shift in priorities, as the newly proposed center will be situated on the Veteran Affairs campus in […]
Proposed Legislation for Housing Market Would Remove SEC Control Over Major Cryptocurrencies – Decrypt
Simply put The recent draft of the House of Representatives’ Crypto Market Structure Bill seems ready to reduce SEC oversight on most crypto assets. This bill revises the Securities Act from the 1930s to exempt certain digital assets. It will also transfer oversight of secondary market transactions for many of these assets from the SEC […]
Trump suggests major reductions to the ineffective Section 8 housing program.
Proposed Cuts to Housing Assistance President Trump’s administration has recently released a budget plan that suggests significant reductions across federal agencies, particularly targeting the Department of Housing and Urban Development (HUD). The proposed budget calls for a cut of more than 40% to discretionary funding within this department. The document describes the existing rental assistance […]
Protests break out after NYC changes affordable housing plans to a homeless shelter.
Protesters descended on Brooklyn, New York over the weekend, opposing the city’s proposal to establish a homeless shelter, a move that many residents described as a “bait and switch.” On Sunday, hundreds rallied in Sheepshead Bay, chanting about voting rights after city officials announced plans for a shelter on land previously designated for affordable housing […]