May 25, 2023

The Biden administration's new program, ALL INside, aims to decrease homelessness by 25 percent by 2025. It will focus on major cities like Chicago, Dallas, Los Angeles, Phoenix, and Seattle and the state of California, and federal officials will collaborate with local governments to offer regulatory relief, funding opportunities, and networking.

A new study found that following the pandemic, people were less likely to visit economically different parts of their home cities. Researchers found that the lack of social exploration can translate into more segregation in cities.

Fannie Mae’s Economic and Strategic Research Group’s May economic outlook notes growth in the market for new homes, “bolstering builder optimism,” despite also predicting a modest recession during the second half of the year. New home sales jumped 9.6 percent in March and have generally trended upward since fall 2022, while existing home sales pulled back in March by 2.4 percent.

In San Diego, California, preservationists and developers are clashing over the fate of historic properties as cities seek to address housing shortages. Officials are seeking to incentivize the development of taller, denser buildings to boost supply and meet the city’s climate and mobility goals. But preservationists say historic homes make up a fraction of the region’s housing stock and developers want to eliminate another barrier maximizing their profits.