WASHINGTON: President Donald Trump on Tuesday signed an executive order aimed at restricting Wall Street backed investors from purchasing single-family homes, citing concerns over housing affordability and community ownership. Read More: Asian markets swing as investors weigh Wall Street losses The order directs federal agencies to limit support for institutional purchases of single-family properties and calls on the […]
Housing
First Lady touts climate-resilient housing in meeting with Indonesian minister
First Lady Bibi Aseefa Bhutto Zardari, MNA, met Vice Minister of Trade of Indonesia Dyah Roro Esti Widya and discussed ways to further strengthen cooperation between Pakistan and Indonesia, with a particular focus on women’s empowerment, climate resilience, social welfare, sustainable development and people-to-people ties. The First Lady conveyed heartfelt condolences over the loss of […]
CDA misses deadline on pre-approved building plans
ISLAMABAD: The Capital Development Authority (CDA) has failed to implement its pre-approved building plans initiative aimed at simplifying the house construction approval process, despite the original eight-week deadline passing more than two years ago. Read More: CDA under pressure to okay IHC building plan The decision was taken by the CDA Board in September 2023 to provide […]
Punjab CM Maryam Nawaz launches Phase I of Rawalpindi green electric bus service
RAWALPINDI: Punjab Chief Minister Maryam Nawaz inaugurated Phase I of the green electric bus service in Rawalpindi on Wednesday, unveiling a fleet of 45 buses operating on four key routes across the city. The new e-buses come equipped with air-conditioning, CCTV cameras, free Wi-Fi, and mobile charging ports. The fare is set at Rs20 per […]
Housing minister meets ADB delegation to explore cooperation
A delegation from the Asian Development Bank (ADB) called on Federal Minister for Housing and Works, Mian Riaz Hussain Pirzada, at his office on Thursday to explore avenues for mutual cooperation on land data bank and housing sector initiatives. The meeting focused on exploring avenues of mutual cooperation, particularly the establishment of a Land Data […]
Trump unveils budget plan with deep cuts to education and housing
President Donald Trump has proposed a $163 billion cut to the U.S. federal budget, sharply reducing domestic spending. Key areas like education, housing, the IRS, and NASA face major cuts. Meanwhile, defense and border security spending would get a boost. The plan cuts non-defense spending by 23%, reaching its lowest level since 2017. It also […]
US authorities scramble, trade blame as millions face eviction
Eviction protections expired Sunday for millions of Americans who could face homelessness within days, triggering a scramble to unlock billions in stalled rental aid and recriminations in Washington. Renters had been shielded from eviction for nearly a year as part of a government moratorium intended to keep people in their houses during the Covid-19 pandemic. […]
New York to build homeless shelter in ‘Billionaire’s Row’
New York City is to build a homeless shelter in an expensive Manhattan area known as “Billionaire’s Row” following a lengthy legal battle. Mayor Bill de Blasio’s government announced in 2018 that it planned to turn the former Park Savoy Hotel on West 58th Street into a shelter for 150 people. A coalition of residents […]
PM opened housing project in Peshawar, initiated by us, says PPP
PESHAWAR: Pakistan People’s Party (PPP) leaders told a press conference at the Peshawar Press Club on Thursday the prime ministers tried in vain to deceive the public on Wednesday in Peshawer by announcing free houses for laborers “as part of his housing schemes”. PPP Provincial Information Secretary Senator Rubina Khalid said in reality the project […]