The principle cause of today’s crisis of homelessness and housing affordability has one, single, primary cause: billionaires treating housing as an investment commodity.
To end homelessness we must reclaim our housing infrastructure from the investor class, produce homes as if they were essential goods rather than investment vehicles.
The New York state legislature is calling for the revival of Mitchell-Lama, a program that built over 160,000 affordable housing units in the mid-20th century. It’s a welcome proposal — but we need bigger ambitions for social housing policy today.
Five judge panel rules unanimously determination of Kingston Rent Guidelines Board mandating 15% rent reduction is valid “[n]othing in the applicable statutory language explicitly requires that the Board adjust the rent upward rather than downward.”
States prepare to use Medicaid for rental assistance for the first time. With rents growing to their most unaffordable levels ever, some states are preparing to use federal Medicaid dollars in the hopes that health will improve as housing stabilizes.
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