Housing

Denmark's new government said it plans to take on Blackstone Group Inc. and promised stricter housing laws after criticizing the U.S. firm for what it characterized as an "unsustainable" business model.

The industry has taken some steps to lower barriers to affordable housing, but some observers say that more can be done.

Wisconsin Republican Sean Duffy routinely pushed to restructure the Consumer Financial Protection Bureau and authored a bill to reform the flood insurance program.

Cities and counties in Southern California will have to plan for the construction of 1.3 million new homes in the next decade, a figure more than three times what local governments had proposed over the same period, according to a letter released by state housing officials.

The agency says the "disparate impact" standard needs to be amended to align with a recent Supreme Court ruling. But consumer advocates say the change would make it more difficult for borrowers to allege discrimination under the Fair Housing Act.

California officials are threatening legal action if Cupertino, hometown of Apple, doesn't meet its housing goals.

Under a proposal yet to be officially unveiled, plaintiffs relying on the so-called “disparate impact” doctrine would have to show a more direct link between a lender’s policy and discriminatory effect.

County supervisors approve a disputed project. Gov. Gavin Newsom agrees to a statewide housing policy. President Trump moves to ease home-construction regulations across the nation.

An Ohio county would invest an additional $65 million to spur construction of 2,050 affordable housing units over the next decade under recommendations included in a broader economic development plan.

More than half of the benefit of repealing the $10,000 deduction cap for state and local taxes would go to millionaires, according to Congress's nonpartisan tax scorekeeper.