Popsicles, paletas and now rents: all frozen. The Rent Guidelines Board on Thursday approved 0% rent increases for about 1 million rent-stabilized apartments, delivering on one of Mayor Zohran Mamdani’s signature campaign promises. The vote took place in front of rows of tenants and advocates chanting in four different languages at the auditorium at El Museo del Barrio in East Harlem.
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On Wednesday, Sen. Elizabeth Warren (D-Massachusetts) condemned President Donald Trump’s decision to stall the signing of a bipartisan housing bill, saying his decision “just doesn’t make any sense.” The 21st Century Road to Housing Act, cosponsored by Warren, passed with bipartisan support on Tuesday with support from 358 members of the House. Only 32 lawmakers voted against the bill.
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A new report by the Private Equity Stakeholder Project (PESP) shows that private equity firms now own almost 3 million apartment units in the U.S., which amounts to one in eight apartment units, some 13 percent of apartment units in the country. Approximately half of these units were bought since 2021, highlighting private equity’s turn to the housing market even as the U.S. suffers from a housing…
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A newly proposed rule within the Department of Housing and Urban Development (HUD) would target transgender people, allowing federally funded shelters and housing providers receiving funds from the government to discriminate on the basis of gender. The HUD proposal purportedly “harmonizes” the department’s existing Equal Access regulations with President Donald Trump’s anti-transgender…
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Americans’ concerns about being able to afford electricity and home heating fuel are elevated since the beginning of the Iran war. But newly released nationwide data shows that even before the war began, these concerns were widespread, long-standing and getting worse faster than the data can reflect. The new information is from preliminary reports based on the Residential Energy Consumption…
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Housing advocates celebrated a temporary victory last week after a lawsuit filed by tenants’ rights groups pushed the Department of Housing and Urban Development (HUD) to delay implementation of a policy change that would have gutted eviction protections for an estimated 3.8 million people in low-income households. The policy change was set to take effect on March 30, but HUD backed down on its…
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