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
Eviction Looms for Low-Income Tenants as Rent Debt Rises
Nonprofit housing operators across the country face almost $10 billion in rent debt.
NYC Rents Rising at Twice the National Rate
New York renters are being squeezed out as landlords raise rents by hundreds, sometimes thousands, of dollars.
Tampa Rejects Rent Control, Citing Legal Concerns
The city council failed to move on a proposal that would have implemented rent stabilization, opting instead to explore other avenues for preventing evictions and improving the cost of housing.
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.
Bend, Oregon Zoning Reforms Prioritize Small-Scale Housing
The city altered its zoning code to allow multi-family housing and eliminated parking mandates citywide.
Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.
LA Denies Basic Services to Unhoused Residents
The city has repeatedly failed to respond to requests for trash pickup at encampment sites, and eliminated a program that provided mobile showers and toilets.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
planning NEXT
Appalachian Highlands Housing Partners
Mpact (founded as Rail~Volution)
City of Camden Redevelopment Agency
City of Astoria
City of Portland
City of Laramie