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HUD scraps Trump proposal on transgender access to single-sex homeless shelters
The Trump rule would have rolled back transgender protections included in HUD’s 2016 Equal Access rule, which mandated access to shelter based on a person’s self-expressed gender identity.Housing and Urban Development Secretary Marcia Fudge, speaks during a Senate Appropriations Committee hearing on April 20, 2021 on Capitol Hill in Washington. | Oliver Contreras/The Washington Post via AP, PoolThe Department of Housing and Urban Development is withdrawing a giving federally funded single-sex homeless shelters the choice to house only people whose biological sex, rather than gender...…The Trump rule would have rolled back transgender protections included in HUD’s 2016 Equal Access rule, which mandated access to shelter based on a person’s self-expressed gender identity.Housing and Urban Development Secretary Marcia Fudge, speaks during a Senate Appropriations Committee hearing on April 20, 2021 on Capitol Hill in Washington. | Oliver Contreras/The Washington Post via AP, PoolThe Department of Housing and Urban Development is withdrawing a giving federally funded single-sex homeless shelters the choice to house only people whose biological sex, rather than gender...WW…
Justice Department appeals order blocking federal eviction ban
The federal court in Texas had ruled Thursday that the federal government had overstepped its authority in imposing the sweeping ban.The Justice Department said it is was appealing a federal court ruling blocking the federal eviction moratorium. | Jose Luis Magana/AP PhotoThe Justice Department is appealing a ruling by a U.S. judge in Texas blocking the federal eviction moratorium, the agency announced late Saturday, arguing that the ban remains broadly in effect in the meantime.The court in the Eastern District of Texas blocked the Centers for Disease Control and Prevention’s moratorium on...…The federal court in Texas had ruled Thursday that the federal government had overstepped its authority in imposing the sweeping ban.The Justice Department said it is was appealing a federal court ruling blocking the federal eviction moratorium. | Jose Luis Magana/AP PhotoThe Justice Department is appealing a ruling by a U.S. judge in Texas blocking the federal eviction moratorium, the agency announced late Saturday, arguing that the ban remains broadly in effect in the meantime.The court in the Eastern District of Texas blocked the Centers for Disease Control and Prevention’s moratorium on...WW…
Biden to tap Marcia Fudge to lead housing agency
The offer comes after Fudge lobbied for the position of Agriculture secretary.Biden has selected Rep. Marcia Fudge to lead the Department of Housing and Urban Development. | J. Scott Applewhite/AP PhotoPresident-elect Joe Biden has selected Rep. Marcia Fudge to lead the Department of Housing and Urban Development, according to two people with knowledge of the decision.The offer to lead the roughly $50 billion housing agency comes after weeks in which Fudge launched a .Fudge, a member of the House Agriculture Committee, and her allies in the Congressional Black Caucus had lobbied openly for...…The offer comes after Fudge lobbied for the position of Agriculture secretary.Biden has selected Rep. Marcia Fudge to lead the Department of Housing and Urban Development. | J. Scott Applewhite/AP PhotoPresident-elect Joe Biden has selected Rep. Marcia Fudge to lead the Department of Housing and Urban Development, according to two people with knowledge of the decision.The offer to lead the roughly $50 billion housing agency comes after weeks in which Fudge launched a .Fudge, a member of the House Agriculture Committee, and her allies in the Congressional Black Caucus had lobbied openly for...WW…
The next economic crisis: Empty retail space
As tenants stop paying and shrink their offices, commercial real estate is cratering.A parking lot at a JC Penney store is empty in Roseville, Mich. | Paul Sancya/AP PhotoCommercial real estate is in trouble, and turbulence in the $15 trillion market is threatening to bleed over into the broader financial system just as the U.S. struggles to emerge from a recession.The longer the pandemic paralyzes hotels, retailers and office buildings, the more difficult it is for property owners to meet their mortgage payments — raising the specter of widespread downgrades, defaults and eventual...…As tenants stop paying and shrink their offices, commercial real estate is cratering.A parking lot at a JC Penney store is empty in Roseville, Mich. | Paul Sancya/AP PhotoCommercial real estate is in trouble, and turbulence in the $15 trillion market is threatening to bleed over into the broader financial system just as the U.S. struggles to emerge from a recession.The longer the pandemic paralyzes hotels, retailers and office buildings, the more difficult it is for property owners to meet their mortgage payments — raising the specter of widespread downgrades, defaults and eventual...WW…
The flip side of Trump's eviction ban: Landlords face big crunch
Landlords are dealing with a dramatic drop in income, facing the prospect of either trying to sell their property or going into debt.Signs that read "No Job No Rent" hang from the windows of an apartment building in Northwest Washington, D.C. | AP Photo/Andrew HarnikThe White House’s move to ban evictions across the country during the coronavirus crisis is having an unintended side effect: It’s threatening the livelihood of millions of landlords.The sweeping order effectively requires landlords to subsidize distressed tenants’ housing through the end of the year or face criminal penalties...…Landlords are dealing with a dramatic drop in income, facing the prospect of either trying to sell their property or going into debt.Signs that read "No Job No Rent" hang from the windows of an apartment building in Northwest Washington, D.C. | AP Photo/Andrew HarnikThe White House’s move to ban evictions across the country during the coronavirus crisis is having an unintended side effect: It’s threatening the livelihood of millions of landlords.The sweeping order effectively requires landlords to subsidize distressed tenants’ housing through the end of the year or face criminal penalties...WW…
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