NC governor needs $1.4B in block grants for post-Helene recovery. That could be a problem
The governor has requested additional funding from Congress, but the possibility of deep HUD cuts complicates the path ahead.
Housing Market
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GOP bills would eliminate funding for the CFPB
Two Republican lawmakers from Texas have introduced bills that would end funding for the Consumer Financial Protection Bureau (CFPB), the latest in a series of swift moves by the Trump administration that target the embattled regulator.
Trump’s special envoy says California wildfire aid will come with conditions
Richard Grenell, the special envoy to President Donald Trump, said there will be strings attached to California wildfire aid, Politico reported on Friday.
Judge clears way for federal layoffs, including at the CFPB and VA
A judge cleared the path for mass layoffs of federal workers, including at the CFPB, by ruling against a Treasury Employees Union lawsuit.
Gen Z seeking inventive homeownership paths
Gen Z is carving a variety of paths to homeownership, seeking to overcome continued uncertainty with affordability and inventory.
California insurance commissioner rejects State Farm’s request for 22% rate increase
On Friday, California insurance commissioner Ricardo Lara rejected State Farm’s request for “emergency” rate increases, going against the recommendation of his staff experts.
What will it take to rekindle the senior housing market?
With the oldest baby boomers turning 80 this year, the market of dedicated senior housing swings from a place of oversupply to a shortage.
The impact of job cuts on the DC housing market
Is the Washington, D.C. housing market facing a sudden collapse ignited by DOGE’s job-cutting? We look at inventory and price cuts to see.
HUD to cut 50% of its workforce in latest Trump purge
HUD will cut employees in the offices that enforce civil rights laws, compile data and pay to rebuild communities after disasters.
Wisconsin Republicans seek to expand state’s low-income housing tax credit
The lawmakers are seeking to expand program funding by nearly $60 million and target more vouchers at the state’s rural areas.