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The Biden administration is announcing new steps to increase access to affordable housing as still-high prices on groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the post-pandemic years.
Treasury Secretary Janet Yellen on Monday unveiled a new slate of financing initiatives to support housing development, including a $100 million fund specifically for affordable housing. The announcement came days before President Joe Biden faces off against former President Donald Trump in the first presidential debate, where inflation is likely to be a key point of contention. The past several inflation reports have shown prices slightly cooling off, but shelter costs have remained persistently hot. The latest consumer price index report found overall inflation stayed flat in May while shelter inflation rose 0.4%. "I expect that shelter inflation will moderate,"
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WASHINGTON (AP) — The Biden administration is announcing new steps to increase access to affordable housing as still-high prices on groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the post-pandemic years.
A freelance photojournalist who lost her eye when police shot her with a foam bullet in 2020 is now receiving end-of-life care as a result of that injury. A professional journalism organization shared this week.
In a windowless room, Uber driver Farhan Badel took the podium in front of a committee of Minnesota state legislators in early May. As Badel leaned into the microphone and started speaking, the room quieted. Testifying before lawmakers was something he’d done nearly a dozen times before, but he says this time felt like his last chance.
GRAND RAPIDS, Minn. — This weekend, Grand Rapids, Minnesota will honor its best-known former resident — Judy Garland.