Add news
March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010 November 2010 December 2010 January 2011 February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024 August 2024 September 2024 October 2024 November 2024 December 2024 January 2025 February 2025 March 2025 April 2025 May 2025 June 2025 July 2025 August 2025 September 2025 October 2025 November 2025 December 2025 January 2026
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
News Every Day |

Pro-Trump group unleashes blueprint for crucial housing initiative featuring top MAGA influencer

FIRST ON FOX: A new initiative to "Make Housing Great Again" led by conservative influencer Benny Johnson and the America First Policy Institute (AFPI) has a plan on how to make housing more affordable for Americans.

In November, conservative influencer Benny Johnson and AFPI announced a new ‘Make Housing Great Again’ initiative, which has also tapped former Housing and Urban Development (HUD) Secretary Ben Carson and developer Michael Burkentine to help advise. 

Johnson brings a massive following to the initiative and also has a stake in the matter himself, considering he is a young father, AFPI pointed out when asked to explain the decision to select Johnson as the initiative's co-chair and national spokesperson. This week, the initiative unveiled a list of concrete policy goals it will pursue, which it believes will make the American Dream of owning a home more attainable for all.

TRUMP OPENS DOOR TO LIZ WARREN ON CREDIT CARD RATES AS GOP WEIGHS AFFORDABILITY FIGHT 

"Housing affordability has reached a crisis point in America, with a 167% increase in home prices in the past half-century. The result of more expensive homes is the delay of a significant life milestone: homeownership," the MAGA housing initiative's policy white paper points out. 

"The America First vision of housing affordability is to restore the American Dream to what it once was. By taking a pragmatic and targeted approach to the affordability crisis these proposals will increase the housing supply, provide direct relief to home buyers, bring prices down, and, ultimately, allow all Americans to obtain the cornerstone of the American Dream: a place to call their own."

Incentivizing deregulation at the local level via market-driven solutions, efforts to reduce construction costs, the implementation of tax benefits for first-time home buyers, expanding economic "opportunity zones," and reducing foreign housing demand are among several of the concrete policy goals the new MAGA housing initiative said it will be prioritizing.

As home prices have risen, wages are not keeping pace, the blueprint pointed out, highlighting that the median household income in the United States increased 99.7% between 2000 and 2024, while the median sale price for a single-family home increased by 150.1% during the same period. Additionally, the median age of first-time home buyers today is 40-years-old, compared to just four years ago when it was 33-years-old. 

The ‘Make Housing Great Again’ policy report cited low supply due to "excessive" regulations, immigration-induced demand spikes, high mortgage rates, and record debt burdens among young Americans, as factors causing the American Dream of owning a home to be less attainable:   

To combat these roadblocks, the new MAGA housing initiative says it will focus on supply-side deregulation and financial incentives aimed at the local level. The initiative points out that regulations imposed by local governments often preclude the federal government from setting national-level mandates to deregulate, but through HUD it can incentivize localities to expand their housing supply by tying federal housing benefits to deregulation efforts.

WHITE HOUSE ‘LASER FOCUSED’ ON AFFORDABILITY AS TRUMP SOFTENS TARIFF STRATEGY

Furthermore, to encourage localities to undertake deregulatory actions, the initiative will push the Trump administration to offer "concrete benefits" to home builders and buyers, such as a "Working Families Housing Fund" which the initiative coined the "Targeted Regional U.S. Middle-Class Prosperity Fund," or "TRUMP Fund" for short. The TRUMP fund would invest in professionally managed housing funds designed to help provide financial assistance for middle-income, working-class families in the 80% to 120% median income for their area. However, in order for people to be eligible, communities must show they have taken steps to reduce barriers to building, the initiative suggests. 

The "Make Housing Great Again" initiative also sees boosting the number of workers in skilled trades as an avenue to reduce overall construction costs. Experts estimate that the skilled labor jobs in the construction industry have recently been short by around 350,000 workers month-over-month. The National Association of Home Builders estimates the industry will need to hire nearly 723,000 workers per year just to keep pace with demand and close a nationwide housing gap of 1.5 million homes.  

"There are numerous opportunities at the state and federal levels to increase interest in and access to careers in the skilled trades," the report argues. "By increasing interest in skilled trades and reducing barriers to entry, it is possible to increase the pipeline of workers entering skilled trades and, by extension, reduce the costs of building new homes."

A new and revamped version of "Opportunity Zones," which is essentially a federal tax incentive intended to spur local investment in low-income areas, is also among the policy plans AFPI and Johnson's new MAGA housing initiative has in mind. The plan is to create "Opportunity Zones Plus" that would create an even higher-tier benefit for housing that is constructed in designated communities that meet certain affordability criteria. 

Providing direct benefits to home buyers, such as through tax-advantaged savings plans, a family formation mortgage credit for young couples trying to have kids, and a new fixed 30-year mortgage rate for first-time home buyers supplemented by HUD, were among the policy prescriptions as well.

Another major touchpoint for improving housing affordability by the initiative includes reducing the housing demand among foreign nationals. According to the "Make Housing Great Again" white paper, foreign investors bought $56 billion worth of homes during a 12-month period between 2024 and 2025, with 47% of those foreign buyers purchasing property for use as a vacation home or rental. Foreign buyers also reportedly pay in cash at a much higher rate than American home buyers.

In an effort to help protect young home buyers, the initiative also plans to focus on "cracking down on predatory lending" practices and setting guardrails for this industry. Congress can effectuate this change by capping the Annual Percentage Rate (APR) lenders are allowed to set at 36% for most consumer borrowing, payday loans and credit card interest. According to the report, similar policies have been implemented for the military community.    

"The average first-time home buyer in America is now 40-years-old. 40. years. Old. That is far beyond the optimal age to get married and start a family," Johnson told Fox News Digital after the initiative was launched in November. "The fight for homeownership is a fight for the survival of our culture and civilization. Young Americans cannot build families without homes, and a nation without families cannot survive. The American Dream is dying before our eyes. This is a generational betrayal, and we must reverse it for our children and for their future. This was the final policy priority of Charlie Kirk. We will deliver and save the American Dream."

Ria.city






Read also

BetMGM Bonus Code TOP1500: Get $1,500 Bonus for Bills-Broncos, NFL Playoffs

No. 6 Duke-Stanford to showcase pair of freshman stars

Kathleen Kennedy, steward of ‘Star Wars,’ steps down from Lucasfilm

News, articles, comments, with a minute-by-minute update, now on Today24.pro

Today24.pro — latest news 24/7. You can add your news instantly now — here




Sports today


Новости тенниса


Спорт в России и мире


All sports news today





Sports in Russia today


Новости России


Russian.city



Губернаторы России









Путин в России и мире







Персональные новости
Russian.city





Friends of Today24

Музыкальные новости

Персональные новости