Senate committee moves forward with a shared housing proposal
Senate Advances Bipartisan Housing Bill The Senate Bank, Housing and Urban Affairs Committee made progress on a bipartisan bill aimed at enhancing housing supply, affordability, and the efficiency of federal housing programs on Tuesday. The committee unanimously approved the 2025 Housing Act, with support from both Chairman Tim Scott and Ranking Member Elizabeth Warren, marking […]
New affordable housing tower rises near the iconic Parachute Jump in Coney Island
Coney Island Affordable Housing Development Groundbreaking Mayor Eric Adams took part in a groundbreaking ceremony on Monday for a new development featuring entirely affordable apartments, situated near Coney Island’s iconic parachute jump. Using a shovel, Adams joined executives from BFC Partners along with representatives from city agencies and Goldman Sachs to mark the beginning of […]
Neglected New York airport to welcome 3,000 new homes, Eric Adams reveals at the start of ‘housing week’
New Housing Development Announced at Former Airport Site In Queens, a project is set to transform the long-abandoned Flushing airport site in College Point into a new neighborhood featuring 3,000 homes. Mayor Eric Adams revealed these plans on Monday. Construction is projected to kick off in 2028, with the New York City Construction Workers Union […]
Housing expert says Mamdani’s rent freeze proposal is a serious blow to the city
A former New York City Democrat, now leading the New York Apartment Association, has expressed strong concerns regarding the rent freeze initiative proposed by mayoral candidate Zohran Mamdani. According to him, this plan could worsen the already critical housing situation in the city. “Mamdani’s idea to freeze rents for rent-stabilized apartments, which account for nearly […]
Specialist: Rent freeze proposed by socialist candidate could negatively impact NYC housing market
New York City Mayoral Candidate’s Housing Proposals Under Scrutiny As mayoral hopeful Zohran Mamdani advocates for measures like rent freezes to address New York City’s housing crisis, experts assert that his plans may exacerbate the situation instead of improving it. John Ketchum, a legal policy fellow at the Manhattan Institute, commented that the fundamental issue […]
HUD chief Turner criticizes Powell for Federal Reserve updates during housing crisis
HUD Secretary Criticizes Fed’s Renovation Spending Amid Housing Struggles Scott Turner, the Secretary of Housing and Urban Development (HUD), expressed strong discontent toward Federal Reserve Chair Jerome Powell, criticizing the Fed’s recently expensive renovations while many Americans face challenges in the housing market. The renovations at the Fed’s headquarters have surged to $2.5 billion, prompting […]
Renters require an hourly wage of $81.21 to afford housing in Santa Cruz, California.
Housing Costs Skyrocket in Santa Cruz, California Wendell Cox, a senior fellow at Unleash Prosperity, brings attention to a significant issue—California’s high-speed rail project is losing $4 billion in federal funding under the Trump administration. In Santa Cruz, securing a two-bedroom rental now demands a staggering annual income of over $168,000. To put it in […]
New Jersey politicians criticize Trump’s plan to use a military base for housing migrant detainees.
The Trump administration is set to utilize military bases in New Jersey for the housing of immigrant detainees, which has sparked outrage among state lawmakers from the Democratic party. A segment of Burlington County’s joint base McGuire-Dix-Lakehurst is designated as a “temporary softside holding facility.” Defense Secretary Pete Hegses assured that the accommodation of undocumented […]
The government harmed the housing market — this is the only solution.
If you’re feeling frustrated about buying a house right now, you’re definitely not the only one. The Federal Reserve Bank of Atlanta has reported that home affordability is nearing record lows. A troubling mix of soaring home prices and high-interest rates has wreaked havoc on the housing market. Unfortunately, simply lowering interest rates won’t fix […]
Democrats criticize new proposal to use military bases for housing undocumented migrants
New Jersey and Indiana Military Bases to House Illegal Immigrants The U.S. Department of Homeland Security plans to convert military bases in New Jersey and Indiana into temporary facilities for housing illegal immigrants, a decision that has sparked strong criticism from local Democrat lawmakers. The bases involved include Joint Base McGuire-Dix-Lakehurst in New Jersey and […]