Trump 50 yr mortgage plan
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In a major shift, HUD’s plan would direct most of the $3.5 billion in homelessness funds away from Housing First to programs that prioritize work and drug treatment.
A judge has dismissed the lawsuit brought by conservative lawmakers and neighborhood groups seeking to overturn the City of Yes housing plan, ruling that Mayor Eric Adams’ administration followed proper procedures when it passed the landmark zoning reforms last year.
Trump proposes 50-year mortgages to ease housing costs, but experts say the plan won't solve America's fundamental supply and demand housing crisis.
Brookings Institution Director of Economic Studies Ben Harris explains the pitfalls of longer mortgages to ABC News’ Linsey Davis, and the practical ways to make homes more affordable.