Affordable housing

Luxembourg's successful sale of defense bonds has prompted the country to again target retail investors, this time with securities aimed at funding affordable housing.

Ten candidates are competing for Maui County Mayor in the August 8 primary, focusing on wildfire recovery, affordable housing, and Bill 9.

Nine abandoned properties in Oakland could be converted into affordable housing after the county used a legal process to sell a vacant lot to a nonprofit. Officials are considering additional properties for similar conversions.

Borough President Vanessa Gibson allocated $56.3 million in fiscal year 2027 capital funds for Bronx education, healthcare, and neighborhood upgrades, including $2 million for a cardiac catheterization facility at Lincoln Hospital, $1 million for the Bronx Zoo and Botanical Garden, and millions for educational technology and affordable housing projects.

Hawaiʻi's affordable housing formula uses a price-setting benchmark higher than income-based measures, leading to more people qualifying but rents remaining unaffordable for many.

Alan Lloyd proposes expanding affordable housing in Maui County by funding local housing community land trusts. The initiative aims to increase the availability of affordable homes through community-led land management.

Kelly King, a candidate for Maui County Council in the South Maui District, supports the county negotiating to purchase repairable buildings and offering them to local families at affordable rates.

County officials in Jersey City plan to convert old parking lots into affordable housing. Studio V architects' founder, Jay Valgora, has proposed a plan for hundreds of affordable apartments.

Trump's housing chief, Ben Carson, criticizes New York City Mayor Zohran Mamdani's housing policies, arguing they will worsen affordability by discouraging private investment. Mamdani's agenda includes rent freezes, higher taxes on corporations and wealthy residents, and expanded government involvement in addressing housing shortages, which Carson opposes, advocating instead for regulatory reductions and private-sector solutions.

Tico Kyle, a 67-year-old New Yorker, pays $400 monthly rent at Linden Grove, an affordable senior housing complex in Brooklyn. The development, built by Gilbane, Blue Sea, and Jewish Association Serving the Aging, provides low-income housing for seniors earning 30%-40% of the area median income, offering stability and community resources.

California's Assembly Bill 2748 aims to reduce building costs for affordable housing by allowing developers to follow 2022 building standards instead of 2025 standards. However, critics argue this would halve EV charging access for residents, disproportionately affecting low-income and minority communities who rely on affordable home charging. The 2025 code was designed to expand charging access while minimizing developer costs.

WeBuild Concord, a Concord nonprofit, is introducing a new approach to affordable housing. Patrick Graham, the organization's Chief Executive Director, states there is already interest in a project called The Sanctuary.

Two Democratic state senators, Nikil Saval and Katie Muth, voted against Pennsylvania's bipartisan $50.8 billion state budget, criticizing it for avoiding major issues like rising energy costs, affordable housing, and public transit funding. The budget passed with bipartisan support, but the senators argued it deferred critical policy challenges, particularly in transportation and housing.

Ikaika Olds, a candidate for State House District 23, emphasizes ensuring affordable housing serves its intended purpose and preventing abuse by investors.

A local nonprofit in Madison is addressing rising housing costs in the Nashville area by purchasing 200 affordable housing units outside of Nashville. The initiative aims to preserve affordable housing options as costs continue to increase.

City officials have unveiled plans for the Iwilei-Kapalama corridor featuring thousands of affordable housing units, retail and commercial space, and a Skyline connection. The initiative aims to develop a vibrant, mixed-use, transit-connected neighborhood while addressing area cleanup efforts.

Trevor Ozawa, a candidate for Honolulu City Council District 4, emphasizes the need for housing that local families can afford to remain in. He criticizes current 'affordable' housing for not maintaining affordability.

Mayor Zohran Mamdani proposes converting an NYPD parking lot in the East Village into a mixed-use development with 131 affordable homes, a senior center, and community space. The project aims to address New York City's housing crisis and marks the first city-owned site designated for affordable housing under his administration.

Mayor Mamdani is converting a former NYPD parking lot into 131 affordable homes, fulfilling his commitment to affordable housing.

An NYPD parking lot in Manhattan's East Village at 324 East 5th Street will be converted into a mixed-use development with 131 affordable housing units, a senior center, and community space. Mayor Zohran Madani announced the project on Monday.

Democrats Eliott Rodriguez and Robin Peguero are competing to challenge Republican U.S. Rep. Maria Elvira Salazar in Florida’s 27th Congressional District. Salazar, who won the seat in 2020 against Donna Shalala, has raised the most campaign funds, while Peguero and Rodriguez criticize policies they say worsen Miami-Dade’s affordability crisis. The Democratic primary is set for August 18, with a general election on November 3.

The U.S. passed the 21st Century Road to Housing Act to address housing shortages by easing construction barriers and limiting large investors. President Trump neither signed nor vetoed the bill, allowing it to become law automatically. The law includes measures like factory-built housing incentives, zoning policy reforms, and converting commercial buildings to affordable housing.

The article reveals the last four affordable starter-home havens in America, including a state where properties can be purchased for $85,000. These locations are highlighted as cost-effective options for homebuyers seeking entry-level properties.

Charlotte Mayor Rob Harrington prioritizes neighborhood security and affordable housing in his first week in office. He emphasizes collaboration with Police Chief Estella Patterson to address crime and is navigating challenges related to the I-77 widening project and renegotiating American Airlines' airport contract.

New Orleans City Council approved a $33 million Payment-in-Lieu-of-Taxes (PILOT) deal over 40 years for a $100 million affordable housing complex called Rivana apartments in the River District. The 6-1 vote included opposition from Council President JP Morrell, with 220 affordable housing units planned for residents earning up to 80% of the area median income.

A $100 million Kansas City Regional Housing Fund, developed by MARC and LISC, aims to create or preserve 3,500-5,000 affordable housing units. The region faces a housing shortage due to rising home values and insufficient construction, with 69,000 low-income renters in unaffordable homes.

A new Washington law allows cash-strapped churches to access equity while providing nonprofits with the land needed to develop affordable housing. Faith communities and organizations are collaborating to address the state's affordability gap.

Liberals voted to shelve a Conservative request to investigate a plan to purchase vacant British Columbia condos for conversion into affordable housing. The decision left Conservative MPs frustrated during a parliamentary ethics committee meeting.

The Michigan legislature is advancing a new law to increase affordable housing by adding state funding to federal programs, ensuring 30 years of affordable rent for qualifying homes. The bill will be sent to Governor Whitmer for expected approval, with Senator Jeff Irwin discussing its details on Local 4 Live.

Half of affordable housing supply in rural England could be threatened if planning rules for private developers are relaxed. The government is considering ending affordable housing quotas (section 106 agreements) for developments of 10-49 homes, which could cost 32,000 homes over 10 years, according to the National Housing Federation.

Austin city leaders are advocating for stronger environmental protections and increased affordable housing in the proposed Dog's Head development project located in southeast Austin.

Arpit Gupta, a New York City Rent Guidelines Board member, warned that a rent freeze supported by Mayor Zohran Mamdani could lead to deferred maintenance and financial strain on older rent-stabilized buildings. The freeze, affecting 1 million apartments, extends until 2029, with Gupta advocating targeted aid instead of a blanket policy.

The Constitutional Court of South Africa ruled that the Western Cape government and City of Cape Town must provide affordable housing in the inner city, marking a significant legal victory for housing rights.

The Colorado 8th Congressional District race between Manny Rutinel and Gabe Evans is a competitive toss-up, with Latino voters making up 40% of the electorate and potentially deciding the outcome. Issues like immigration and affordable housing are central to the campaign, and both candidates are expected to focus on outreach to the Latino community.

Robert Harrington was sworn in as the new mayor of Charlotte, promising to prioritize public safety, affordable housing, and transportation during his 17-month term.

Minneapolis Mayor Jacob Frey and City Council president Elliott Payne participated in an improv comedy show called Theater of Public Policy, discussing issues like affordable housing and the city's next police chief while engaging in humorous skits. The event, held at the Granada Theater, featured moderated conversations and audience laughter, highlighting collaborative and contentious aspects of their policy views.

Delaware lawmakers passed a $7 billion fiscal year 2027 budget, a $1.25 billion capital budget, and bills addressing property tax rates, gun dealer regulations, and affordable housing. The session also included consideration of constitutional amendments on voting initiatives, reproductive freedom, and same-sex marriage.

A property tax break incentivizing smaller developments in New York City has led to the loss of 538 affordable apartments. Developer Clipper Equity plans to build seven 99-unit buildings in East Harlem on a site that could have supported more affordable housing.

A major office tower in downtown Los Angeles is being converted into affordable apartments with monthly rents under $1,000. The project aims to provide significantly reduced housing costs for some tenants.

Brooklyn Village development in Charlotte faces uncertainty after part of the 17-acre site was transferred to lender Peachtree Group amid foreclosure proceedings. Developer The Peebles Corp, selected in 2016 for a $700 million redevelopment, has delayed construction for years, shifted plans to focus on affordable housing, and faces unresolved tensions with Mecklenburg County.