
Officials Raise Infrastructure Concerns Over NY Gov. Hochul’s Housing Plans
New York Gov. Kathy Hochul plan to increase statewide housing stock would require local communities to meet a certain number of housing unit targets. A 3% housing stock growth goal every three years would apply to downstate cities like Long Island. Parties opposed to...
$200 Million Funding for Housing Infrastructure Projects Coming to South Dakota
The South Dakota House of Representatives, by a 54-16 vote, approved a $200 million package to be allocated towards housing infrastructure projects across the state. It makes use of $150 million from the state general fund, while the remaining $50 million will be...
Funding Flowing to Local Governments for Affordable Housing Construction
Billions of dollars in public funding and tax enrichments are currently available to support the construction of affordable housing throughout the U.S. The impetus behind these incentives is the country’s affordable housing shortage which has reached near-crisis...
As Institutional Investors Snap Up Rental Properties, Local Officials Consider Pushing Back
In the past few years, there has been an influx of institutional investors buying properties across the US and converting them to rentals. With its impact to the housing market, some states are now proposing actions and ordinances that promote homeownership. The...