Tag #Affordable Housing

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cnn.com

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May 1, 04:13

VA Ends Mortgage Rescue Program for Veterans, Sparking Foreclosure Concerns

The Department of Veterans Affairs is ending its mortgage rescue program, VASP, on May 1, 2025, prompting concerns about increased veteran foreclosures; approximately 81,000 veterans are at risk of foreclosure, but the VA insists current enrollees will not be affected and other assistance programs a...

VA Ends Mortgage Rescue Program for Veterans, Sparking Foreclosure Concerns

The Department of Veterans Affairs is ending its mortgage rescue program, VASP, on May 1, 2025, prompting concerns about increased veteran foreclosures; approximately 81,000 veterans are at risk of foreclosure, but the VA insists current enrollees will not be affected and other assistance programs a...

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What are the immediate consequences of the VA's termination of the VASP mortgage rescue program for financially vulnerable veterans?

The Department of Veterans Affairs (VA) is ending its Veterans Affairs Servicing Purchase Program (VASP), a mortgage rescue program for veterans facing foreclosure. This decision, effective May 1, 2025, concerns advocates due to the potential for increased foreclosures among approximately 81,000 at-risk veterans. The VA maintains that current enrollees remain unaffected and other assistance programs exist.

dailymail.co.uk

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Apr 30, 04:15

Midwest Housing Market Booms Amid Climate Change Concerns

Amid rising insurance costs and climate risks, house hunters are increasingly choosing Midwest cities like Milwaukee, Green Bay, and Appleton, Wisconsin, and Fort Wayne, Indiana, due to their low unemployment rates, affordable living costs, and climate resilience; Appleton shows the lowest climate-r...

Midwest Housing Market Booms Amid Climate Change Concerns

Amid rising insurance costs and climate risks, house hunters are increasingly choosing Midwest cities like Milwaukee, Green Bay, and Appleton, Wisconsin, and Fort Wayne, Indiana, due to their low unemployment rates, affordable living costs, and climate resilience; Appleton shows the lowest climate-r...

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What factors are driving the increased demand for housing in Midwest cities like Milwaukee, Green Bay, Appleton, and Fort Wayne?

The Midwest, specifically Wisconsin cities (Milwaukee, Green Bay, Appleton) and Fort Wayne, Indiana, offer affordable housing and low unemployment rates, attracting house hunters seeking climate resilience and lower living costs. These cities boast unemployment rates below the national average and significantly lower risks of climate-related housing damage compared to areas like California and Florida.

theglobeandmail.com

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Apr 29, 19:18

Canada's Ambitious Housing Plan: 500,000 Homes Annually

The Canadian Liberal government plans to build nearly 500,000 homes annually through federal initiatives such as the Build Canada Homes organization, facing challenges from varying provincial regulations, economic uncertainty, and the need for long-term financial sustainability.

Canada's Ambitious Housing Plan: 500,000 Homes Annually

The Canadian Liberal government plans to build nearly 500,000 homes annually through federal initiatives such as the Build Canada Homes organization, facing challenges from varying provincial regulations, economic uncertainty, and the need for long-term financial sustainability.

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What are the immediate impacts and changes resulting from the Liberal government's plan to build 500,000 homes annually?

The Canadian Liberal government aims to construct nearly 500,000 homes annually, focusing on federal initiatives like the Build Canada Homes organization. This plan involves government financing for prefabricated housing and reviving the Multi-Unit Rental Building (MURB) tax incentive, alongside GST reductions for first-time homebuyers. However, experts express concerns about the feasibility and long-term sustainability of these projects.

lemonde.fr

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Apr 29, 10:18

France Tackles Housing Shortage with New Tax Incentives and Landlord Status

French Housing Minister Valérie Létard discusses measures to address the housing shortage, including a new private landlord status with attractive tax incentives and the expansion of the zero-interest rate loan (PTZ) program to support homeownership, aiming to stimulate investment and construction.

France Tackles Housing Shortage with New Tax Incentives and Landlord Status

French Housing Minister Valérie Létard discusses measures to address the housing shortage, including a new private landlord status with attractive tax incentives and the expansion of the zero-interest rate loan (PTZ) program to support homeownership, aiming to stimulate investment and construction.

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What specific measures is the French government implementing to address the housing shortage caused by high taxes on real estate?

French Housing Minister Valérie Létard acknowledges the high tax burden on the real estate sector, impacting investment. She highlights the reduction of tax benefits for furnished tourist rentals as a step towards correcting imbalances but admits this doesn't fully address the lack of rental investment. A new private landlord status is being developed to incentivize investment and boost the housing market.

zeit.de

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Apr 26, 10:10

Berlin Apartment Construction to Fall Short of Target in 2024

Berlin's new apartment construction may fall to around 15,000 units in 2024, a decrease from previous years and below the 20,000 annual target, due to rising costs, material shortages, and fewer building permits; however, nearly 50,000 units were built over the last three years.

Berlin Apartment Construction to Fall Short of Target in 2024

Berlin's new apartment construction may fall to around 15,000 units in 2024, a decrease from previous years and below the 20,000 annual target, due to rising costs, material shortages, and fewer building permits; however, nearly 50,000 units were built over the last three years.

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What is the projected number of completed apartments in Berlin for 2024, and how does this compare to previous years and the city's stated goals?

Berlin may see fewer new apartments completed this year than last, with an estimated 15,000 compared to 17,300 and 16,000 in previous years. This is due to uncertainties in large-scale project completion and is below the 20,000 target set by the coalition agreement. However, almost 50,000 apartments have been completed over the past three years, roughly offsetting population growth.",

smh.com.au

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Apr 23, 07:12

Sydney Council Opposes $880 Million Apartment Proposal

Inner West Council is fighting Deicorp's $880 million plan to build 1185 apartments in Five Dock, citing overshadowing of nearby houses and increased traffic, while Deicorp highlights the project's location near future metro stations and compliance with state incentives for affordable housing.

Sydney Council Opposes $880 Million Apartment Proposal

Inner West Council is fighting Deicorp's $880 million plan to build 1185 apartments in Five Dock, citing overshadowing of nearby houses and increased traffic, while Deicorp highlights the project's location near future metro stations and compliance with state incentives for affordable housing.

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How does the NSW government's affordable housing incentive policy contribute to the conflict between Deicorp and the Inner West Council?

Deicorp's proposal leverages NSW government incentives for affordable housing, resulting in taller buildings and increased density. This has sparked widespread opposition from councils and residents concerned about overshadowing, traffic congestion, and the temporary nature (15 years) of the affordable housing commitment. The project's location near future metro stations is highlighted by Deicorp as a benefit.

cbsnews.com

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May 1, 04:13

Brooklyn Homeless Shelter Protest Leads to Arrests as Construction Resumes

Following a court ruling, arrests were made Wednesday morning in Brooklyn as police cleared protestors blocking construction of a 169-bed homeless shelter for families, escalating a seven-week-long dispute over the project's impact on the Sheepshead Bay community.

Brooklyn Homeless Shelter Protest Leads to Arrests as Construction Resumes

Following a court ruling, arrests were made Wednesday morning in Brooklyn as police cleared protestors blocking construction of a 169-bed homeless shelter for families, escalating a seven-week-long dispute over the project's impact on the Sheepshead Bay community.

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Reduced Inequality

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What are the underlying causes of the community opposition to the homeless shelter, considering its history and the city's perspective?

The protest highlights community concerns over the shelter's impact on quality of life, particularly given the site's history as an approved affordable housing project. A judge previously ruled against blocking construction, and the city maintains the need for shelter resources. The situation reflects broader tensions between community needs and city-wide homeless services provision.",

elmundo.es

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Apr 30, 22:13

Madrid Allocates 310 Affordable Rental Homes

Madrid's EMVS Madrid today allocated 310 affordable rental homes, mostly newly built in Vicálvaro, continuing a program that has allocated 1,669 units since 2019, prioritizing young families and emphasizing new construction.

Madrid Allocates 310 Affordable Rental Homes

Madrid's EMVS Madrid today allocated 310 affordable rental homes, mostly newly built in Vicálvaro, continuing a program that has allocated 1,669 units since 2019, prioritizing young families and emphasizing new construction.

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What is the immediate impact of Madrid's latest affordable housing allocation?

The Madrid City Council has allocated 310 affordable rental homes, with rent capped at 30% of household income. Most are newly built in Vicálvaro, part of a larger initiative allocating 1,669 homes since 2019, prioritizing young families.

dailymail.co.uk

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Apr 29, 10:18

Out-of-State Investors Fuel Toledo, OH Real Estate Boom, Sparking Affordability Concerns

Toledo, OH, is experiencing a real estate boom driven by out-of-state investors paying cash for homes, causing a surge in median home prices (18% increase to \$235,000 in March) and rents and forcing the city to enact new rental property ordinances to curb property disrepair.

Out-of-State Investors Fuel Toledo, OH Real Estate Boom, Sparking Affordability Concerns

Toledo, OH, is experiencing a real estate boom driven by out-of-state investors paying cash for homes, causing a surge in median home prices (18% increase to \$235,000 in March) and rents and forcing the city to enact new rental property ordinances to curb property disrepair.

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How has the significant increase in out-of-state investment impacted housing affordability and competition for local buyers in Toledo, OH?

Toledo, OH's median home price surged 18% to \$235,000 in March, attracting out-of-state investors paying cash and driving up competition for local buyers. This influx has led to new rental ordinances aimed at curbing investor-related property disrepair issues, highlighting a growing tension between affordability and investment.

smh.com.au

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Apr 28, 07:18

Burwood Rail Loop Precinct: High-Rise Development Sparks Environmental and Housing Concerns

Proposed 11-20 storey buildings near Gardiners Creek in Burwood's Suburban Rail Loop station precinct raise environmental and affordable housing concerns from Whitehorse and Monash councils, who criticize the lack of mandatory protections despite a $124,000 investment in biodiversity improvements an...

Burwood Rail Loop Precinct: High-Rise Development Sparks Environmental and Housing Concerns

Proposed 11-20 storey buildings near Gardiners Creek in Burwood's Suburban Rail Loop station precinct raise environmental and affordable housing concerns from Whitehorse and Monash councils, who criticize the lack of mandatory protections despite a $124,000 investment in biodiversity improvements an...

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How do the proposed development plans address concerns about affordable housing and the impact on local communities?

The proposed development clashes with existing environmental initiatives, such as recent tree planting efforts by volunteers. Councils also express concern over insufficient affordable housing, citing a mismatch between projected housing needs and planned developments, and question the reliance on voluntary contributions from developers for public benefits. Maximum parking rates, potentially reducing parking by 40 percent in supermarkets, are also criticized as premature.

nos.nl

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Apr 24, 01:16

Dutch Rent Freeze to Reduce Affordable Housing Construction by 185,000 Units

The Dutch cabinet froze social rents for two years, impacting all tenants, including those with higher incomes, resulting in a €3 billion loss for housing corporations and an estimated reduction of 185,000 new homes, according to Aedes.

Dutch Rent Freeze to Reduce Affordable Housing Construction by 185,000 Units

The Dutch cabinet froze social rents for two years, impacting all tenants, including those with higher incomes, resulting in a €3 billion loss for housing corporations and an estimated reduction of 185,000 new homes, according to Aedes.

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What is the immediate impact of the Dutch government's decision to freeze social rents on the construction of new affordable housing?

The Dutch cabinet's decision to freeze social rents for two years impacts all tenants, including those with incomes exceeding the limit for social housing (scheefwoners). This will cost housing corporations over €3 billion in lost revenue, with €1.1 billion in compensation from the government. This significantly reduces their ability to build new homes.

nos.nl

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Apr 23, 01:14

Dutch Social Rent Freeze Jeopardizes Housing Construction

The Dutch government's spring budget freezes social rents for two years while easing restrictions on private rent increases, potentially reducing new social housing by 185,000 units and creating conflict within the coalition government.

Dutch Social Rent Freeze Jeopardizes Housing Construction

The Dutch government's spring budget freezes social rents for two years while easing restrictions on private rent increases, potentially reducing new social housing by 185,000 units and creating conflict within the coalition government.

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What are the immediate consequences of the Dutch government's decision to freeze social rents for two years, and how does this impact the country's housing shortage?

The Dutch government's spring budget includes a two-year freeze on social rents and simultaneously eases rent increase restrictions for private landlords. This impacts social housing construction, potentially reducing new builds by 185,000 units over time, according to the sector association.

Showing 61 to 72 of 259 results