California is now offering buyers of new housing units a $10,000 tax credit. The tax break was pushed hard by homebuilders, who say the measure should boost housing starts.
In large portions of California, homebuilding has not slowed, it has stopped completely. Entire counties are issuing only 1 or 2 permits a month for new units. People in the development and construction industry are desperate.
So a lot is riding on a tax credit for buyers of new homes, which California lawmakers approved in February as part of the state budget package. With $100 million authorized, the program could subsidize the purchase of 10,000 new units and, builders hope, spur some new construction.
But is the tax credit really any match for the fear and uncertainty that rule over the housing market?
FULL STORY: Will Tax Credit Revive Homebuilding Market?
Minnesota Seeks State Support for Office Conversions
The 30% “CUB credit” would support the conversion of buildings 15 years or older into any use that “will return that vacant area to an income-producing, habitable condition.”
Federal Government May Make About-Face on EV Purchases
The incoming administration appears poised to slash funding for electric vehicles and charging infrastructure.
Opinion: Ending the EV Tax Credit Would Be “Major Setback” for US Automakers
Trump’s proposal to eliminate the federal electric vehicle credit could have severe repercussions for the domestic auto industry.
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Ken Jennings Launches Transit Web Series
The Jeopardy champ wants you to ride public transit.
Driving Equity and Clean Air: California Invests in Greener School Transportation
California has awarded $500 million to fund 1,000 zero-emission school buses and chargers for educational agencies as part of its effort to reduce pollution, improve student health, and accelerate the transition to clean transportation.
Congress Moves to End Reconnecting Communities and Related Grants
The House Transportation and Infrastructure Committee moved to rescind funding for the Neighborhood Equity and Access program, which funds highway removals, freeway caps, transit projects, pedestrian infrastructure, and more.
From Throughway to Public Space: Taking Back the American Street
How the Covid-19 pandemic taught us new ways to reclaim city streets from cars.
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.
Heyer Gruel & Associates PA
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Institute for Housing and Urban Development Studies (IHS)
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Harvard GSD Executive Education
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