Tag: Affordable Housing

Biden Proposes $100 Billion Budget Fix for America’s ‘Affordable Housing Crisis’

President Joe Biden’s Fiscal Year 2024 (FY24) budget request seeks $73.3 billion for the Department of Housing and Urban Development (HUD), a $1.1 billion increase from its FY23 budget, and calls for a dramatic boost in affordable housing allocations over the next decade. HUD’s proposed spending plan incorporates annual budget requests from 16 offices within…


Biden Proposes $100 Billion Budget Fix for US ‘Affordable Housing Crisis’

President Joe Biden’s fiscal 2024 (FY24) budget request seeks $73.3 billion for the Department of Housing and Urban Development (HUD), a $1.1 billion increase from its fiscal 2023 budget, and calls for a dramatic boost in affordable housing allocations over the next decade. HUD’s proposed spending plan incorporates annual budget requests from 16 offices within…


Laguna Beach Explores Affordable Housing Option for Struggling Artists

The Laguna Beach City Council is considering providing artists with affordable housing in an effort to keep them living and working in the city, after voting unanimously last week to begin exploring the idea. Artists are a part of the “infrastructure” of Laguna Beach, Councilman Alex Rounaghi said in an April 4 city council meeting,…


DeSantis Signs $711 Million Housing Assistance Bill to Help Make Florida Homes More Affordable

Florida Gov. Ron DeSantis signed the Live Local Act on March 29, a bipartisan bill setting aside $711 million for affordable housing in the state. The bill passed through the Florida Senate with a 40-0 vote. Lawmakers in the state House approved it with a vote of 103-6. The legislation builds on the state’s Hometown…


Less Than 10 Percent of Toronto’s 19,700 Approved Affordable Rentals Were Built

Among the roughly 19,700 affordable rental units approved by the Toronto City Council since 2017, about 8 percent—or 1,617 of them—have been built, according to a new database. The numbers were released on March 21 as part of a new project called the Housing Data Hub, which tracks Toronto’s home creation progress, the city hall said in a statement. The Hub…


Walls Closing in on Labor’s $10 Billion Social Housing Fund

The federal government is pleading for crossbench support for its social housing fund, arguing rising homelessness levels require urgent action. Opposition is mounting to the $10 billion Housing Australia Future Fund, which risks defeat in the Senate unless its ambitions are ratcheted up in line with crossbencher demands. The Greens and independent senators David Pocock…


Irvine Moves Forward with Plans for 4,536 New Apartments 

The Irvine City Council last week approved plans with the Irvine Company for adding 4,536 apartments to the Southern California city—22 percent of them deemed affordable. During a March 14 city council meeting, councilors voted unanimously to approve a preliminary agreement with the real estate developer or a “memorandum of understanding,” which includes a $65…


Oregon Lawmakers Propose Monthly Payments of $1,000 to Homeless People

The Oregon Legislative Assembly is considering a bill to provide a universal basic income for the homeless community. The legislation, SB603, would provide 12 monthly payments of $1,000 to people who are experiencing homelessness or are at risk of homelessness. “Payments may be used for rent, emergency expenses, food, child care, or other goods or…


Labor’s Housing Bill at Risk of Defeat as Crossbench Demand More Social Housing Funds

As the federal government tries to push through a swathe of new laws this fortnight, its $10 billion (US$6.7 billion) Housing Australia Future Fund is at risk of being shot down by the crossbench. Under Labor’s proposed law, a cap of $500 million a year will be applied to funding for building new social and…


Huntington Beach Residents React to Dueling Housing Lawsuits: State vs City

“I don’t want [Huntington Beach] to become another Santa Monica,” Gayline Clifford, a 37-year resident, said in response to the state’s demands for the Orange County coastal city to have more housing. While the city faces pressure from the state to build more housing, including that which is affordable, some residents said they fear doing…