Affordable housing in the past
Affordable housing in the past

Affordable housing in the past

News summary

Construction has begun on a new affordable housing project in Fullerton aimed at low-income families, following a contentious previous proposal for the homeless that failed six years ago. The new development is part of a 2021 agreement signed by the City Council, and this time, public opposition is significantly lower due to a change in the target demographic. In Nebraska, legislative proposals are being introduced to provide tax credits to renters as part of property tax reform discussions, aiming to ensure that renters benefit from landlords' tax relief. Columbia's proposed 2025 budget features a strong emphasis on affordable housing, including a new trust fund to incentivize the construction of affordable homes and support for the unhoused. Meanwhile, Vice President Kamala Harris is advocating for national housing policies and has announced significant funding initiatives to combat rising homelessness and improve housing affordability across the U.S. Amidst a record number of homeless individuals, these efforts reflect a growing recognition of the urgent need for affordable housing solutions.

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