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Nearly 60,000 American Households Face Eviction Threat As Emergency Housing Vouchers Program Runs Out Of Funds: Report
Monday, April 21, 2025 - 6:48am | 560The Emergency Housing Vouchers program, a crucial support system for numerous Americans, is reportedly nearing a funding crisis. This could potentially result in one of the largest one-time losses of rental assistance in U.S. history. What Happened: The program, initiated by former...
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Trump Administration Plans To Construct Nearly 4 Million Affordable Homes On Federal Land
Tuesday, March 18, 2025 - 9:26am | 687To address the U.S. housing shortage, President Donald Trump has proposed utilizing a portion of the 650 million acres of federal land for new housing development. What Happened: The Trump administration is setting up a task force to locate federal land that could potentially be used for...
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5 Stocks To Watch On Election Day: Trump Media, Exxon, First Solar, RTX, Lennar
Tuesday, November 5, 2024 - 1:11pm | 623Election Day is here. A win for Republican Donald Trump or Democrat Kamala Harris could move different market sectors. Here is a list of stocks to watch as the country waits for the final tally. Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are climbing on heavy trading volume on...
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Apple Launches $50M Fund To Boost Affordable Housing In Bay Area, Part Of $2.5B California Investment Initiative
Wednesday, July 17, 2024 - 9:32am | 518Apple Inc. (NASDAQ:AAPL) unveils a $50 million fund as part of its $2.5 billion investment commitment aimed at addressing the housing crisis in the San Francisco Bay Area, focusing on affordable housing initiatives across California. What Happened: The Bay Area Housing Innovation Fund, which is...
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Costco The Landlord? Retailer Building 800-Unit Apartment Complex. Here's The Potential Reason Why.
Saturday, June 29, 2024 - 10:26am | 663Retailer Costco Wholesale Corporation (NASDAQ:COST) is best known for offering items in bulk for consumers and its infamous $1.50 hot dog and soda combo. Costco could soon become known as a landlord or apartment builder as it dives into the world of affordable housing. What Happened: Costco is...
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How To Collect Your $8000 Child Tax Credit As Part of Congress' New Law (UPDATED)
Friday, January 26, 2024 - 12:24pm | 533Editor’s note: This story has been updated with additional information on the Child and Dependent Care Tax Credit. Tax season is right around the corner with eligible Americans able to file their taxes between January and mid-April 2024. The Child Tax Credit may change due to a bill working...
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Sacramento's Attempt To Build Affordable Housing Illustrates Why It's Almost Impossible
Monday, November 20, 2023 - 12:36pm | 871Although Sacramento, California, is in the Golden State's interior, it struggles for accessible affordable housing just like the big cities on the coast. A recent attempt by the city to build an affordable housing development illustrates the challenges that come with achieving this laudable...
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Reality TV Star Tarek El Moussa's Proposed Real Estate Development Is Emblematic Of The Los Angeles Housing Crisis
Thursday, September 7, 2023 - 2:00pm | 1754Most people are familiar with Tarek El Moussa from his role on "Flip or Flop," the reality TV show he starred in with his now ex-wife Christina Hall. The couple bought, remodeled and flipped homes for a profit on the show. Although they have parted ways, Hall and El Moussa are still involved...
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Rising Sun: Sun Communities Shares Resume Upward Trend
Monday, February 3, 2020 - 4:19pm | 475Sun Communities Inc (NYSE: SUI) stock is up a little over 10% since the first of the year, nearly back to where it was before a December drop that marred a year-long steady increase in the share price of the manufactured housing and RV community developer. The stock price rise — while...
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Affordable Housing Crisis Continues To Weigh On American Middle Class
Thursday, January 12, 2017 - 12:49pm | 549The middle class is increasingly being squeezed out of the major metropolitan areas in the United States. President-elect Donald Trump's administration and recent appointment of Ben Carson to the Department of Housing and Urban Development have done little to convince Americans the trend will...
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4 Ways To Fix The $16 Trillion Affordable Housing Crisis
Monday, November 3, 2014 - 6:19pm | 604Despite a severe need, affordable housing is scarce in many economies, according to a recent report from the McKinsey Global Institute. In a release on the MGI report, “Tackling the World's Affordable Housing Challenge,” McKinsey highlighted the issues surrounding urbanization...