A bill originally introduced in 1987 that would create a trust fund to support the creation of affordable housing may be on its way to congressional approval this fall.
"A housing bill first proposed in 1987 and re-energized this fall that would create a national housing trust fund: a dedicated source of money to build affordable new houses and rehabilitate old ones. Unlike existing housing programs, which are subject to the whims of congressional appropriations, the trust fund would be politically immune. It would be financed, in part, by diverting revenue from Fannie Mae and Freddie Mac, the government-sponsored mortgage giants."
"Supporters of the trust fund say that it is a much-needed wedge against a troubling national motif: the destruction of affordable in-town housing, often at the hands of high-rise condominium and luxury home developers. (Chicago alone lost nearly 100,000 apartment units from 1989 to 2004, while gaining roughly an equal number of condos.) For the first time, the bill passed out of a House committee with significant bipartisan support, and it is expected to be introduced on the House floor this month."
FULL STORY: A Big Push for Affordable Housing

Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.

National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.

Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.

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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.

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