Since at least the housing crash, government programs like the mortgage interest deduction that subsidize homeowners over the millions of Americans that rent their homes have come in for criticism. A proposed New York tax might address the imbalance.
"This week, [New York Governor Andrew] Cuomo formally announced the tax-relief blueprint that he'll pursue this year as he prepares for re-election," reports Emily Badger. "And, most notably, the package now includes a renter's tax credit that he says would aid 1.7 million people in New York City."
Though the proposal seems to have been included for political reasons, rather than ideology, "the credit at least acknowledges [renters] presence in New York State (and the fact that many of them may be more in need of housing aid than some homeowners)," writes Badger. "Housing policy that balances the needs of homeowners and renters is sorely needed well beyond New York, but renters in the rest of the country can hardly count on a similar political calculus."
FULL STORY: New York State Floats a Tax Credit for Renters
Pennsylvania Mall Conversion Bill Passes House
If passed, the bill would promote the adaptive reuse of defunct commercial buildings.
Coming Soon to Ohio: The Largest Agrivoltaic Farm in the US
The ambitious 6,000-acre project will combine an 800-watt solar farm with crop and livestock production.
World's Largest Wildlife Overpass In the Works in Los Angeles County
Caltrans will soon close half of the 101 Freeway in order to continue construction of the Wallis Annenberg Wildlife Crossing near Agoura Hills in Los Angeles County.
California Grid Runs on 100% Renewable Energy for Over 9 Hours
The state’s energy grid was entirely powered by clean energy for some portion of the day on 37 out of the last 45 days.
New Forecasting Tool Aims to Reduce Heat-Related Deaths
Two federal agencies launched a new, easy-to-use, color-coded heat warning system that combines meteorological and medical risk factors.
AI Traffic Management Comes to Dallas-Fort Worth
Several Texas cities are using an AI-powered platform called NoTraffic to help manage traffic signals to increase safety and improve traffic flow.
City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
Tufts University, Department of Urban and Environmental Policy & Planning
City of Universal City TX
ULI Northwest Arkansas
Urban Design for Planners 1: Software Tools
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