California’s property insurance crisis began with a series of catastrophic wildfires, and its impact has been devastating. In response, insurance companies stopped writing new policies and began ...
The House has passed legislation that extends expired health care subsidies for those who get coverage through the Affordable ...
A trio of bills just introduced by New York state legislators aims to bring relief to affordable housing landlords, who have seen their insurance costs more than double in the past seven years. Among ...
ALBANY, N.Y. (NEXSTAR) — A joint legislative hearing on November 18 brought together housing providers, insurance industry groups, consumer advocates, and state regulators to discuss the relationship ...
New York has set bold goals to expand affordable housing, but there’s a quiet crisis that threatens to derail it: the skyrocketing cost of insurance. New York is aiming to build 800,000 new homes over ...
A combination of factors, such as expense deceleration and higher allowable rents, has propelled the net operating income across affordable housing properties. The index grew 5.6 percent year-to-date ...
Soaring insurance costs and other financial pressures are hitting affordable housing hard — and it comes amid Mayor-elect Zohran Mamdani’s proposal to freeze rents for stabilized units. A report from ...