Owners of affordable housing developments that take advantage of federal tax incentives will be barred from raising rents more than 10 percent per year.
The Biden administration announced a new cap on annual rent increases for federally subsidized affordable housing developments, report Steve Holland and Kanishka Singh for Reuters.
The new policy caps rent raises at 10 percent per year if the property owner uses federal tax credit programs. “The White House has also called on Congress to support investments to lower housing costs. Congress is unlikely to pass major legislation in an election year, but the president's discussion of the topic reflects awareness of the impact it could have on his re-election hopes.”
FULL STORY: US to cap rent raise for some affordable housing units, official says
NYC landlords sue Mamdani administration over rent freeze
The suit charges the administration with unfairly promoting the rent freeze and accuses the city's Rent Guidelines Board of yielding to pressure from the mayor.
New Washington State Law Lets Cities Give Social Housing Developers City-owned Land
In its current form, HB 1687, which authorizes local governments to assist social housing agencies with land or other resources, only applies to Seattle.
San Jose to Lease Units in Downtown High-rise for Affordable Housing
An innovative pilot program subsidizes rent in a market-rate building for middle-income residents.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
The state-sanctioned urbicide of Austin
People don’t kill cities. Freeways do.
US to reduce Colorado River water deliveries to Mexico
A new Colorado Treaty amendment reduces Mexico’s Colorado River water allocation by 250,000 acre feet.
5 New England states march closer to 800 megawatt wind energy project
Securing federal approval for the project may be complicated under the Trump administration, which has historically been hostile towards domestic wind power.
Baltimore to break ground on $50 million Transit Priority Project
The project will bring faster bus trips, safer streets and better bike connections to Baltimore.
Airbnb launches $250 million 'last-dollar financing' housing accelerator, makes first investment in Austin
The company will put $6.4 million towards affordable housing development in Texas’ capital.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
Eagle County Government
Harvard University Graduate School of Design
Nashville Planning Department
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello
Journal of the American Planning Association