Items Tagged with 'low income housing'


  • Fair housing groups go head-to-head with Trump’s budget proposal

    Urges Congress to reject proposal
    "Housing benefits are under attack," or so says the National Low Income Housing Coalition as it calls on Congress to reject President Donald Trump’s 2019 budget proposal. The NLIHC says the budget slashes federal housing benefits that help millions of low-income seniors, people with disabilities, families with children, low-wage workers, veterans and other vulnerable people afford their homes.
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  • Reforming the mortgage interest deduction: A chance for fairness for American taxpayers?

    Republican tax plan opens door to realign housing priorities
    [Expert Opinion] By doubling the personal exemption and proposing to halve the mortgage eligible for the deduction to $500,000, House Republican tax proposals have opened the door to a fundamental shift in the tax treatment of housing. This is a rare opportunity to realign federal tax support for housing to help all taxpayers – renters and owners.
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  • Top 10 cities where low-income housing sees best performance

    Even in best city less than 50% of needs are met
    As home prices rise across the U.S., even those who make six-digit salaries are at risk of falling into the low-income category in some cities. A new study shows which cities are best for low-income households, however even in the best city there is not enough public housing to meet even half of the need.
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  • Wells Fargo pledges $220 billion for minority, low-income mortgages

    Commitment part of 5-year 'corporate social responsibility' plan
    Aiming to use its place as one of the nation’s largest banks to address "global social, economic, and environmental challenges," Wells Fargo announced an ambitious five-year plan that includes massive investments in diversity and social inclusion efforts, environmental causes, and billions of dollars for mortgages in "underserved" communities.
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  • NYC Mayor wins approval for affordable housing plan

    Plan overcame torrent opposition
    New York City's affordability crisis could start finally turn a corner as New York Mayor Bill de Blasio and his administration celebrate the passing of the affordable-housing plan. "Our affordable housing policies must reach every New Yorker in need, which is why this plan thinks big about the changes we need to make—in government and in the private sector," said de Blasio.
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  • NYC Mayor housing plan gains more support

    Affordable housing goals set for low-income people
    New York City Mayor Bill de Blasio and the Real Affordability for All coalition reached an agreement over the weekend after seeing a revised version of de Blasio’s original proposal for a 10-year zoning plan.
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