The Fed is cutting interest rates. Is it time to buy a home in the Bay Area?
The news many potential homebuyers have been waiting for is finally here: the Federal Reserve is cutting interest rates. Does that mean Bay Area home hunters should turn to Zillow in hopes of finding a cheap mortgage loan? Not yet,…
Developer of $14.1 million apartment project gets tax breaks for 13 years, instead of 26 years requested – Alexandria Echo Press
ALEXANDRIA – A 54-unit apartment complex for residents 55 and older will receive tax breaks from the city, but only for 13 years, not the 26 years requested by the developer. At its meeting Monday, the Alexandria City Council approved…
Report: Marc Andreessen’s family plans “visionary” development near “California Forever” project
The family of technology mogul Marc Andreessen owns land near the controversial “California Forever” urban project that he supports – and plans to build more than 1,000 homes as part of a “visionary” real estate plan, according to a report….
California was sued twice after passing a corporate tax law that put billions at stake | Dan Walters | Dan-walters
During Jerry Brown’s first term as governor of California, he became embroiled in a highly complicated dispute over how the state should tax the income of multinational corporations. More than four decades later, the issue has resurfaced in a corporate…
Denver residents will vote on the mayor’s affordable housing sales tax
Mayor Mike Johnston’s proposed affordable housing sales tax will go before voters this November. The City Council has approved a ballot proposal that, if approved by voters, would provide $100 million a year for affordable housing, with a 0.5 percent…
Harris proposes $25,000 tax credit to cover rising housing costs
The generation gap is widening while housing costs are skyrocketing Harris emphasized the importance of affordable housing in building wealth and securing a stable future, which includes owning a home – a concept closely linked to the American dream. Home…
‘Exorbitant’ housing costs weigh on Democrats and fuel Harris’ $25,000 tax credit bill
(Bloomberg) — Kamala Harris’s promise to take action to lower housing costs addresses a burden that is dampening enthusiasm for the presidential campaign among core Democrats, such as young voters, members of racial minorities and low-income voters. Most read by…
In a keynote speech, Harris calls for a $25,000 tax credit for first-time home buyers
Vice President Kamala Harris, the Democratic nominee for the 2024 presidential election, included initiatives to combat rising housing costs in her economic plan announced Friday. She promised, if elected, to reduce the “red tape” involved in building homes and create…
Harris Child Tax Credit and Economic Agenda: Details and Analysis
On Friday, Vice President Kamala Harris began outlining details of her economic agenda as part of her fast-moving 2024 presidential campaign. TaxA tax is a compulsory payment or levy imposed by local, state, and national authorities on individuals or businesses…
Bronx housing plan near new Metro-North stations gets City Council approval – Bronx Times
A rendering of the rezoning proposal looking north along Eastchester Road outside the site of the new Metro-North Morris Part station. Rendering via NYC Department of City Planning Sign up for our Bronx Times email newsletter to get news, updates…
