• Biden meets with Fed chair in push to address record inflation

    Biden meets with Fed chair in push to address record inflation

    May 31, 2022 10:50 PM EDT

    ... steps are more medium-term. But the sooner that we take them, the more that we could have impact in the economy. Like, building more affordable housing, that's going to take some months to do. But, if we start right now, as the president has directed, we're going ...

  • New Orleans hopes giving young people a guaranteed monthly income can break the cycle of poverty

    New Orleans hopes giving young people a guaranteed monthly income can break the cycle of poverty

    May 20, 2022 07:12 PM EDT

    ... in New Orleans say the area needs a guaranteed income as the city continues to struggle with devastating hurricanes, the ongoing pandemic, a lack of affordable housing, and high poverty rates, not to mention the day-to-day struggles of everyday life, like having a car break down. “Those kinds ...

  • As Fresno tries to manage a housing crisis, a corporate owner moves in

    As Fresno tries to manage a housing crisis, a corporate owner moves in

    May 18, 2022 10:59 PM EDT

    ... disadvantage tenants and nonprofit development groups have in the face of corporate property managers with deep pockets. A 2019 report from the Joint Center for Housing Studies of Harvard University noted that an existing challenge for groups attempting to implement affordable housing methods in communities is the vast financial resources ...

  • 2022 Oregon Primary Election Results

    2022 Oregon Primary Election Results

    May 16, 2022 11:27 PM EDT

    ... widespread frustration in the state over how the COVID-19 pandemic is being handled, the crisis to support and address the unhoused, a lack of affordable housing in general and growing gun violence. The two leading Democratic candidates are Tina Kotek, a staunch liberal and former speaker of the Oregon ...

  • Biden pardons Kennedy-era Secret Service agent and others convicted on drug-related charges

    Biden pardons Kennedy-era Secret Service agent and others convicted on drug-related charges

    Apr 26, 2022 05:26 PM EDT

    ... students through a program that provides young adults with work experience. Jackson has built and renovated homes in his community, which has a shortage of affordable housing. Civil rights and criminal justice reform groups have pushed the White House to commute sentences and work harder to reduce disparities in the ...

  • Investors are buying up mobile home parks. These Fresno tenants have a different idea

    Investors are buying up mobile home parks. These Fresno tenants have a different idea

    Apr 21, 2022 10:13 PM EDT

    ... commercial real estate company. But with investors scoping out opportunities to purchase mobile home parks, mobile home residents across the country are worried that this affordable housing option will no longer be affordable. Some parks have resisted corporate ownership, citing concerns over rent increases and new ownership rules that may ...

  • Biden nominates Michael Barr as Federal Reserve vice chair

    Biden nominates Michael Barr as Federal Reserve vice chair

    Apr 15, 2022 01:37 PM EDT

    ... their pocketbooks first." Others offer strong praise for Barr and say he appears well suited for the Fed position. David Dworkin, president of the National Housing Conference, which advocates for affordable housing, suggested that Barr's understanding of Wall Street gives him the right mix of "centrist expertise and progressive ...

  • New York Lt. Gov. Brian Benjamin arrested in federal corruption investigation

    New York Lt. Gov. Brian Benjamin arrested in federal corruption investigation

    Apr 12, 2022 02:43 PM EDT

    ... Conklin said in an email. Benjamin was the state's second Black lieutenant governor. During his state Legislature career, he emphasized criminal justice reform and affordable housing. His district included most of central Harlem, where he was born and raised by Caribbean immigrant parents. He has a bachelor's degree ...

  • States clash over rental assistance as the federal government reallocates funds

    States clash over rental assistance as the federal government reallocates funds

    Apr 03, 2022 10:33 PM EDT

    Meanwhile, organizations that are helping administer the rental assistance still available expect a continued need. The state has long faced a run on affordable housing, which has only been exacerbated during the pandemic. “Housing costs are just too high,” said Sandy Miller, who coordinates the rental assistance program for an ...

  • Biden budget proposes lower deficits while raising taxes on ultra wealthy

    Biden budget proposes lower deficits while raising taxes on ultra wealthy

    Mar 28, 2022 04:08 PM EDT

    ... coronavirus outbreak that began in 2020. While the budget would elevate funding for education, public health and provide $48 billion to increase the supply of affordable housing, it fails to spell out what the broader successor to Biden's stalled "Build Back Better" agenda would be. That proposal from last ...