Posts tagged Mortgages
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National links: Rise of SUVs hampered motor emission reductions from 2010 to 2022
The proliferation of SUVs significantly hampered motor emission reductions in the last decade. Suggestions to build political consensus around policies that de-center car use in cities. How the 30-year mortgage creates a bifurcated market of “haves and have-nots.” Keep reading…
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As Virginia’s eviction moratorium ends, the state scrambles to offer relief to those in need
Virginia recently launched the Virginia Rent and Mortgage Relief Program (RMRP), which uses $50 million in funding from the CARES Act to provide assistance to renters and homeowners. The relief program launched the same day Virginia’s statewide evictions moratorium expired, meaning that thousands of people can now be called to court for overdue rent or mortgage payments. Keep reading…
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Here are three things you need to know to get land-use woke
Increasingly our national dialogue about housing affordability is looking at land use as both the problem and the place for solutions. America’s history of land use is fundamentally racist, exclusionary, and exploitative, and if we’re going to have conversations about where to go in this policy space, we need to discuss what got us here. Keep reading…
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Banks find loopholes to deny blacks and Latinos home loans at twice the rate of whites
Here in the Washington region, African Americans are 2.2 times as likely to be denied a home mortgage loan compared to whites, an analysis from Reveal News shows. Latinos are 1.9 times as likely to be denied — even when controlling for factors like the applicant’s income, loan amount, and neighborhood. Keep reading…
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Three things you need to know to get land-use woke
America’s history of land use is fundamentally racist, exclusionary, and exploitative. If we’re going to have productive conversations about where to go, we need to understand what got us here. Keep reading…
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Ending this federal giveaway for rich homeowners could lower housing costs
The Republican-led Congress may be geared to take up tax reform after the summer recess, and it may affect policies related to housing for millions of Americans. Notably, the Trump administration has indicated that it supports eliminating the Mortgage Interest Deduction, which allows homeowners to pay lower taxes. Keep reading…
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We give some millionaires $22k/year in housing assistance. Weird, right?
We often think about housing subsidies as money the government gives to low-income people to help them pay for a place to live. But the US actually gives far more housing aid via the tax code through deductions that go mainly to the country’s highest earners. Keep reading…
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To escape poverty, buying a home beats investing in stocks
When lower income people rise to the middle class, it's good for everyone. It makes the city safer, improves the economy, and of course it's a huge social good on its own terms. Finding ways to help that happen is one of the most important things cities can do. And few things matter more to that equation than urban housing. Keep reading…
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What top government officials remember about the 2008 housing crisis
It’s been more than eight years since the United States plunged into a recession and an enormous housing crisis. Shortly after President Obama took office, top officials scrambled to remedy a housing crisis and stabilize the economy. This post highlights the major themes of a recent event at the Urban Institute called “Housing Policy Past and Future: Lessons Learned Through the Crisis and the Path Forward,” where a number of these officials discussed their experience. Keep reading…
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National links: Trump on transit, housing, and more
This week's national links are going live at a unique time in history, to say the least. Here's a rundown of what might be on tap in the world of transportation, land use, and other related areas now that Donald Trump is the president. Keep reading…