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Migrants, advocacy group say city’s plan to provide 6 months of free housing, other services is ‘insufficient’

Housing advocacy groups and immigrants in Denver, Colorado, recently organized a protest against the city’s “inadequate” plan to provide 1,000 immigrants with six months of free housing and many other services. KMGH-TV report. Denver Mayor Mike Johnston (Democratic) announced: immigration program last week to deal with an increase in migrant arrivals. More than 40,000 illegal […]

L.A. Mayor Karen Bass Asks Wealthy to Fund Housing for Homeless

Los Angeles Mayor Karen Bass has implored the city’s wealthy residents to donate funds to purchase property that can be used to house the city’s growing homeless population. fox news report: “We are currently working to eliminate night rentals.” [Bass] continued. “We will use individuals, the private sector, and philanthropic funds to join us in […]

New York budget sees another delay over housing proposal negotiations

New York’s overdue state budget is once again in trouble as lawmakers continue to debate a sweeping proposal to encourage new home construction. The plan, which appears to offer tax breaks for developers and protections for workers and tenants, has faced opposition from suburban lawmakers. “We can’t force the private sector to build,” Democratic Gov. […]

Gas, housing and car insurance costs soar, fueling inflation in March

March inflation rates showed gas, home and auto insurance to rise for another month (iStock) A stronger-than-expected rise in consumer prices in March pushed up inflation and gave the Federal Reserve more reason to delay cutting interest rates. On an annualized basis, prices rose 3.5% in March, higher than last month’s 3.2% rise and also […]

How empty office buildings could help NYC solve its housing crisis

The city desperately needs more rental housing. Hundreds of dilapidated old office buildings remain largely vacant. So why not use one problem to solve another? The solution is to give landlords property tax breaks to cover the high cost of converting useless old offices into rental apartments. SL Green, the city’s largest commercial landlord, has […]

Albany close to landmark pact to boost NYC housing stock, curb rents: sources

No one is satisfied with their housing. A reliable sign that a landmark housing package is nearing reality, with many parties making last-minute cries to get priority, including a final plan to increase the number of homes and apartments in the Big Apple. That’s what I’m raising. Negotiators have reached preliminary agreements on many key […]