The FDIC and OCC unveiled a plan Friday to overhaul the Community Reinvestment Act, excluding the Federal Reserve and tightening rules on how banks earn credit for affordable housing investments—changes advocates warn could slash funding to underserved communities.
Texas Lt. Gov. Dan Patrick is pushing to lower the age for senior property tax breaks from 65 to 55, a proposal that could freeze school taxes for 3.3 million more homeowners and save them thousands over a decade.
The Fraternal Order of Police became the latest public safety group to oppose Amendment 3, citing concerns that the $11.8 billion annual revenue loss could jeopardize funding for law enforcement and emergency services.
Sussex County pulled two residential development hearings and paused all major subdivision approvals this week after a new state law eliminated public hearings for certain housing projects.