Biden called on Congress to pass a mortgage relief credit that would give first-time homebuyers an annual tax credit of up to $5,000 a year for two years. He also endorsed legislation to build and renovate roughly 2 million homes and vowed to crack down on “big landlords who break antitrust laws by price-fixing and driving up rents.”
Biden proposes new actions to address housing shortages and high costs
The actions announced last week will promote fairer rental markets, boost the supply of affordable housing and manufactured homes, and help families who are struggling to make ends meet.
Federal funds are bringing solar panel-lined canals and more electric vehicle chargers to Arizona
Leaders of Arizona’s public, private, and nonprofit sectors Monday discussed how they will use the Inflation Reduction Act for conservation efforts and renewable energy projects.
Republicans push termination of economic growth agency, Democrats call for reform
The agency has been hailed as essential to combating past economic recessions, but has recently been criticized for wasteful spending on luxury gifts for business leaders.
Overdraft fees could drop to as low as $3 under new Biden proposal
The change could potentially eliminate billions of dollars in fee revenue for the nation’s biggest banks, which were gearing up for a battle even before Wednesday’s announcement. Exactly how much revenue depends on which version of the new regulation is adopted.
Republicans push to kill agency credited for rebuilding Arizona’s economy after Great Recession
Republicans introduced a bill to close Arizona’s economic development agency, which was created in 2011 in response to the Great Recession.
Christmas shopping online? Here’s how you can still support local businesses.
Forget Amazon—the Arizona Marketplace features more than 50 local vendors that offer everything from state pride apparel to Arizona-made beauty products.
Biden wants to replace all lead pipes in Arizona within 10 years
The proposed rule would require utility companies to locate and dig up roughly 12,000 lead pipes statewide within 10 years to ensure clean drinking water for Arizonans and to protect children’s health.
Biden initiative brings healthcare workers and expanded services to Lake Havasu City
Lake Havasu City awarded 11 churches and nonprofits $1 million in federal funds last February. Here’s how that money’s being utilized.
Schweikert tries to slash popular roads, housing programs ahead of holidays
The proposed cuts would have slashed funding for highway expansion, transportation safety, home ownership grants, and housing for the elderly.