The Delhi police have formed multiple teams to investigate the gathering of women’s personal details in the name of the Mukhyamantri Mahila Samman Yojana. “There are 15 police districts in Delhi. We have ordered senior officers to form teams and investigate the entire matter properly. Teams will coordinate and work under the close supervision of DCPs,” a senior police officer said. The Aam Aadmi Party (AAP) government had announced the scheme in the Delhi budget for 2024-25 to provide a monthly stipend of ₹1,000 to women aged 18 and above. The police action came a day after Lieutenant-Governor V.K. Saxena ordered an inquiry against private persons collecting personal details of women for the scheme. Delhi’s ruling AAP had launched a “registration” drive for it. Earlier, the Delhi government’s Women and Child Development Department had distanced itself from the initiative, asking residents not to fill any forms for the proposed scheme, which it said is non-existent in the absence of a notification from the government. Published - December 30, 2024 01:42 am IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit Delhi / politicsWilmington Tackles Lead with Cutting-Edge Service Line Mapping—A National Model in the Making3 ASX 300 stocks up by more than 300% in a year

Is Apple secretly collecting data your Photos data? Here is what you need to knowMorrissey throws 67-yard TD pass to Calwise Jr. to lift Eastern Kentucky over North Alabama 21-15Canada got back in the win column at the world junior hockey championship. It wasn’t pretty. Oliver Bonk, Caden Price and Mathieu Cataford, into the empty net, scored as the wobbly host country picked up an unconvincing 3-0 victory over Germany on Sunday in Ottawa. Carter George made 25 saves to register the goaltender’s second straight shutout for the Canadians, who were coming off Friday’s stunning 3-2 upset loss to Latvia in a shootout. Nico Pertuch stopped 33 shots for Germany, which dropped its Group A opener at the men’s under-20 tournament to the United States 10-4 before falling 3-1 to Finland. Canada entered with a 17-0 record all-time and a combined 107-26 score against Germany at the world juniors, including last year’s 6-3 victory in Gothenburg, Sweden, and an 11-2 drubbing at the 2023 event in Halifax. Despite another sub-par performance, the victory sets up a New Year’s Eve matchup against the U.S. for first place in the pool after the Americans fell 4-3 to the Finns in overtime earlier Sunday. Canada suffered one of the powerhouse nation’s worst defeats in tournament history Friday when Latvia — outscored 41-4 in four previous meetings at the event — shocked the hockey world. And while the plucky Latvians were full marks for their victory, the Canadians were largely disjointed and surrendered the middle of the ice for long stretches despite firing 57 shots on goal. There was more of the same Sunday. Head coach Dave Cameron made a couple of changes to Canada’s lineup — one out of necessity and another for tactical reasons. With star defenceman Matthew Schaefer, who could go No. 1 at the 2025 NHL draft, out of the world juniors after suffering an upper-body injury against Latvia, Vancouver Canucks prospect Sawyer Mynio drew in. Cameron also sat forward Porter Martone in favour of Carson Rehkopf. Canada opened the scoring on the power play, which also had a new look after going 1-for-7 through the first two games, when Bonk scored from his normal bumper position in the slot off an Easton Cowan feed at 9:40 of the first period. Sam Dickinson then chimed a one-timer off the post on another man advantage before George, who was in goal for Canada’s 4-0 opener against the Finns, made a couple of stops on the penalty kill inside a red-clad Canadian Tire Centre. Petruch made a big stop off Tanner Howe in the second before also denying Calum Ritchie from the slot on a power play, but the Canadians again looked completely out of sorts against what was a decidedly inferior opponent on paper. Berkly Catton hit another post for Canada early in the third. Tanner Molendyk also found iron. Unable to register a 5-on-5 goal against either Latvia or Germany through more than 120 minutes of action, Price scored on a shot that caromed off the end boards and went in off Pertuch with 4:58 left in regulation to make it 2-0 before Cataford iced it into the empty net on another nervy night for the 20-time gold medallists. The U.S. beat Latvia 5-1 on Saturday, less than 24 hours after the Europeans’ upset of Canada. American captain Ryan Leonard said the Latvians were impressive — even on short rest. “That team’s no joke,” said the Washington Capitals prospect. “You can’t really treat anyone different, especially in this short of a tournament.” Germany will meet Latvia on Monday in a crucial game at the bottom of the Group A standings. Canada now turns its attention to Tuesday’s clash against the U.S.

LOS ANGELES (AP) — The Los Angeles Lakers have traded guard D'Angelo Russell to the Brooklyn Nets for forward Dorian Finney-Smith and guard Shake Milton. The Lakers also sent forward Maxwell Lewis and three second-round draft picks to Brooklyn on Sunday. Russell averaged a career-low 12.4 points for the Lakers this season in a diminished role under new coach JJ Redick, who had vowed to unlock the point guard's formidable offensive game. Instead, Russell was removed from the starting lineup early in the season, and he struggled to make a consistent impact as a reserve, with his shooting percentages declining significantly. The 6-foot-7 Finney-Smith isn't a top scorer, but he is a steady 3-and-D wing who fills an obvious need for the Lakers. Los Angeles has had inconsistent wing play and has lacked an effective defender at the key position during the long-term injury absence of Jarred Vanderbilt , who hasn't played since Feb. 1. Finney-Smith averaged 10.4 points and 4.6 rebounds this season for the Nets, who acquired him from Dallas in the February 2023 in the trade of Kyrie Irving. Finney-Smith has been limited to five games this month by a sprained ankle and a bruised calf, but the 31-year-old played 27 minutes against San Antonio on Friday. Redick and Finney-Smith were teammates with the Mavericks during the 2020-21 season, and Redick has expressed admiration for Finney-Smith's hard-nosed game. Milton is joining his sixth NBA team in less than two years, including his third trade in 11 months. He is averaging 7.4 points and 2.4 assists per game this season as a Nets reserve. Russell is being traded by the Lakers to the Nets for the second time in his career. He also made the move in 2017 after spending his first two NBA seasons with Los Angeles, which drafted him in 2015. Russell earned the only All-Star selection of his career during his two seasons in Brooklyn. Russell has been traded five times in the past 7 1/2 years. The 10-year pro excelled for the Lakers during their run to the 2023 Western Conference finals after returning to the team in February of that season, although he got benched during that final playoff series against Denver. Russell remained a fairly consistent scorer last year while setting a new franchise record for 3-pointers made in a season, but his career-long problems with offensive inconsistency and defensive ability kept him out of Redick's plans this year. With Russell's departure, Gabe Vincent is the only true point guard left in the Lakers' rotation, although LeBron James often fills the role of initiating their offense. The Lakers (18-13) have won five of six heading into their visit from Cleveland on New Year's Eve. The trade continues a roster restructuring by the Nets, who traded former Lakers point guard Dennis Schröder to Golden State two weeks ago. Schröder was Brooklyn's third-leading scorer, while Finney-Smith was its fourth-leading scorer. The Nets have been one of the NBA's lowest-scoring teams this season, so Russell should have plenty of chances to make an offensive impact. Brooklyn has lost three of four heading into its road game against Orlando on Sunday. Russell's $18.7 million contract expires this summer, while Finney-Smith has a $15.4 million player option for the 2025-26 season. Lewis was the Lakers' second-round pick in 2023, but he played in just 41 games over the past two seasons while shuttling to the G League. ___ AP NBA: https://apnews.com/NBA Greg Beacham, The Associated Press

The Dow Jones Industrial Average and S&P 500 surged to record highs on Tuesday despite inflammatory remarks from President-elect Donald Trump about tariffs, but shipping stocks were not so fortunate. In fact it was hard to find any green numbers in the shipping space when trading closed in New York on Tuesday afternoon, as listed companies fell into the red across multiple operating sectors.

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PLEASANTON — Foster City police Chief Tracy Avelar is leaving the Peninsula to become Pleasanton’s new top cop, officials announced this week. Avelar, who joined the Foster City Police Department in 2002, will begin her new job in the Tri-Valley on Dec. 9. She will be the first woman in Pleasanton’s history to serve as a permanent chief. “Pleasanton holds a special place in my heart, and I am truly honored to step into the role of police chief for the city,” Avelar said in a statement. “I have so much respect for the men and women of this department and look forward to working alongside them to continue building strong community partnerships, ensuring public safety and fostering trust and transparency”. Avelar is the current president of the California Police Chiefs Association, with prior experience on the San Mateo County Police Chiefs and Sheriff Executive Board. She received a bachelor’s degree in criminal justice management and a master’s degree in homeland security from the Naval Postgraduate School’s Center for Homeland Defense and Security. She is also an alumna of the Sherman Block Leadership Institute and the LAPD Leadership Academy, the release said. She replaces former Chief David Swing, who after 30 years in law enforcement retired in April to become executive director of the East Bay Regional Communications System Authority. Interim Chief Gina Anderson held the position temporarily after Swing left. In Foster City, Avelar oversaw the police department’s field training, SWAT and traffic enforcement divisions. She was also in charge of dispatch, records, investigations and budget preparation, city officials said. “Chief Avelar has a proven track record of leadership and innovation in law enforcement, and we are excited to welcome her to Pleasanton,” City Manager Gerry Beaudin said in a statement. “Her dedication to community engagement, public safety and operational excellence will be a great asset to our city.” Pleasanton is the second Tri-Valley city to hire a new police chief this year. In October, Dublin appointed former Alameda County Sheriff’s Commander Victor Fox, an FBI National Academy alumnus, to take over after Chief Nate Schmidt retired.Sanctuary Advisors LLC grew its position in shares of Wyndham Hotels & Resorts, Inc. ( NYSE:WH – Free Report ) by 17.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 3,414 shares of the company’s stock after buying an additional 516 shares during the quarter. Sanctuary Advisors LLC’s holdings in Wyndham Hotels & Resorts were worth $267,000 at the end of the most recent reporting period. A number of other large investors have also bought and sold shares of the business. Stifel Financial Corp grew its holdings in shares of Wyndham Hotels & Resorts by 91.9% during the third quarter. Stifel Financial Corp now owns 30,665 shares of the company’s stock worth $2,396,000 after purchasing an additional 14,688 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of Wyndham Hotels & Resorts by 40.8% during the third quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock valued at $136,533,000 after acquiring an additional 506,593 shares during the period. Natixis Advisors LLC boosted its holdings in Wyndham Hotels & Resorts by 37.7% in the third quarter. Natixis Advisors LLC now owns 34,537 shares of the company’s stock valued at $2,699,000 after acquiring an additional 9,463 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Wyndham Hotels & Resorts by 15.0% in the third quarter. The Manufacturers Life Insurance Company now owns 64,329 shares of the company’s stock worth $5,027,000 after purchasing an additional 8,389 shares during the period. Finally, Impax Asset Management Group plc raised its holdings in Wyndham Hotels & Resorts by 35.0% during the 3rd quarter. Impax Asset Management Group plc now owns 135,000 shares of the company’s stock worth $10,549,000 after purchasing an additional 35,000 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors. Wyndham Hotels & Resorts Price Performance WH stock opened at $101.69 on Friday. The stock has a 50-day moving average price of $96.40 and a two-hundred day moving average price of $83.14. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $105.16. The stock has a market cap of $7.91 billion, a PE ratio of 32.28, a price-to-earnings-growth ratio of 2.42 and a beta of 1.32. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19. Wyndham Hotels & Resorts Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date of this dividend was Friday, December 13th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 48.25%. Insider Buying and Selling In other news, CFO Michele Allen sold 15,000 shares of the company’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $89.99, for a total transaction of $1,349,850.00. Following the sale, the chief financial officer now owns 10,056 shares in the company, valued at $904,939.44. This represents a 59.87 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link . Also, insider Scott R. Strickland sold 2,850 shares of the stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total value of $251,199.00. Following the completion of the sale, the insider now directly owns 26,062 shares of the company’s stock, valued at approximately $2,297,104.68. The trade was a 9.86 % decrease in their position. The disclosure for this sale can be found here . Over the last 90 days, insiders sold 97,850 shares of company stock worth $8,881,849. 2.79% of the stock is owned by insiders. Wall Street Analyst Weigh In Several research analysts have recently issued reports on WH shares. StockNews.com raised shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Barclays lifted their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Friday, December 13th. The Goldman Sachs Group raised their price target on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Truist Financial raised their target price on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and a consensus target price of $105.56. Check Out Our Latest Analysis on Wyndham Hotels & Resorts Wyndham Hotels & Resorts Company Profile ( Free Report ) Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others. Featured Stories Want to see what other hedge funds are holding WH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wyndham Hotels & Resorts, Inc. ( NYSE:WH – Free Report ). Receive News & Ratings for Wyndham Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wyndham Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter .Trimble and Mallon sanctioned DUP ministers over rotation plan

Everyone except you and me is getting ready to bring in the New Year with celebration so let me share quietly some ideas for 2025. Having spent the past two weeks meandering around and searching for inspiration, I have decided that the coming year will be a year of “Greater Risk”. Risk is defined as “a situation involving exposure to danger, harm, or loss”. But it also means “the probability of an event occurring” and “the impact that an event may have”. In 2025 we will witness increased risk in the broadest sense of the word; increased danger, increased probability of that danger occurring, and increased opportunities. This is across the spectrum of geo/local politics and governance and geo/local economics and commerce. “The risk of the risk happening will bring a great risk when it happens”. You might think that sentence is silly but here is a “Chinse proverb” from “The Biography of Dongfang Shuo” written in 200 AD. “If you don’t enter the tiger’s den, how can you catch the tiger’s cub?” The risk of entering the tiger’s den is that there is a high risk that you will suffer for the risk of obtaining a tiger’s cub. The Year of Greater Risk will encompass for us all aspects of risk from Risk Avoidance on to Risk Management and through to seeking out Risk Opportunities. I had previously written that I see 2025 as going to be a year of hard choices, that is having to make difficult decisions in choosing one of the presented options. Black and white, shades of grey, and “the lesser of two evils” are all around us. However, the hard choice/s that I am speaking of is different from choosing mango instead of banana for breakfast. In 2025, this is what I see happening. Two paths lie before me: one easier and one requiring more effort. The easy one is smooth and where I usually travel. The other is more outside my comfort zone but with both leading to the same place. I will pick the path that I usually avoided, replacing the potential for “immediate benefit” with long-term gains. That brings me to my personal strategy for 2025. This should be a year of increased self-sufficiency for all of us. That is not about raising your own chickens. It is about making your own milk tea. Ordering a milk tea delivered by motorcycle is one choice. Going to your kitchen and making it yourself is another option, a better choice for 2025. Anticipating and preparing for greater risk also comes back to my basic “survival” strategy: figure out the worst-case scenario and then make plans to survive and thrive in that situation. Even in an urban area, depending on your housing condition, you can have a separate water tank to store a three- or four-day supply. A basic generator is a bargain at less than P5,000 during a prolonged brownout. Seeking out risk with opportunities is also self-sufficiency and “hard choices” outside your comfort zone. My good friend Will Cabangon, President at AAA Southeast Equities, posted on August 1 his second half 2024 stock choices with the following results: PLUS (DigiPlus) up 61 percent, CBC (China Bank) up 60 percent, OGP (OceanaGold) up 7 percent, and APX (Apex Mining) down 20 percent with an equally weighted return of 27 percent. The PSEI during that period was off 2 percent. How much money did you make this year listening to the “experts”? You can make a bucket list of everything that is wrong in the world and the Philippines like one local pundit. Or find opportunities in a risky world and increase your wealth. Your choice. On June 2, 2025, the cycle trend goes into a yearlong uptrend forecasting increased volatility and “risk”. I guarantee that the next 18 months are going to see increased risk. What you do with that risk is your choice. Happy New Year, my friend. E-mail me at mangun@gmail.com. Visit my website at www.mangunonmarkets.com. Follow me on Twitter at @mangunonmarkets. PSE stock-market information and technical analysis tools provided by the COL Financial Group Inc.

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DUP minister rejected suggestion licensing laws could be relaxed for jubilee

WASHINGTON — Millions of Americans with obesity would be eligible to have popular weight-loss drugs like Wegovy or Zepbound covered by Medicare or Medicaid under a new rule the Biden administration proposed Tuesday morning. The costly proposal from the U.S. Department of Health and Human Services immediately sets the stage for a showdown between the powerful pharmaceutical industry and Robert F. Kennedy Jr., an outspoken opponent of the weight-loss drugs who, as President-elect Donald Trump’s nominee to lead the agency, could block the measure. While the rule would give millions of people access to weekly injectables that have helped people shed pounds so quickly that some have labeled them miracle drugs, it would cost taxpayers as much as $35 billion over the next decade. “It’s a good day for anyone who suffers from obesity,” U.S. Health and Human Services Secretary Xavier Becerra told The Associated Press in an interview. “It’s a game changer for Americans who can’t afford these drugs otherwise.” The rule would not be finalized until January, days after Trump takes office. A bipartisan coalition of congressional members has lobbied for the drugs to be covered by Medicare, saying it could save the government from spending billions of dollars on treating chronic ailments that stem from obesity. While it’s unclear where Trump himself stands on coverage of the weight-loss drugs, his allies and Cabinet picks who have vowed to cut government spending could balk at the upfront price tag. Under the proposal, only those who are considered obese – someone who has a body mass index of 30 or higher – would qualify for coverage. Some people may already get coverage of the drugs through Medicare or Medicaid, if they have diabetes or are at risk for stroke or heart disease. Becerra estimated that an additional 3.5 million people on Medicare and 4 million on Medicaid could qualify for coverage of the drugs. But research suggests far more people might qualify, with the Centers for Medicare and Medicaid Services estimating roughly 28 million people on Medicaid are considered obese. Medicare has been barred from offering the drugs under a decades-old law that prohibits the government-backed insurance program from covering weight-loss products. The rule proposed by the Biden administration, however, would recognize obesity as a disease that can be treated with the help of the drugs. The anti-obesity drug market has expanded significantly in recent years, with the Food and Drug Administration approvingb a new class of weekly injectables like Novo Nordisk’s Wegovy and Eli Lilly’s Zepbound to treat obesity. People can lose as much as 15% to 25% of their body weight on the drugs, which imitate the hormones that regulate appetites by communicating fullness between the gut and brain when people eat. The cost of the drugs has largely limited them to the wealthy, including celebrities who boast of their benefits. A monthly supply of Wegovy rings up at $1,300 and Zepbound will put you out $1,000. Shortages of the drugs have also limited the supplies. Kennedy, who as Trump’s nominee for HHS secretary is subject to Senate confirmation, has railed against the drugs’ popularity. In speeches and on social media, he’s said the U.S. should not cover the drugs through Medicaid or Medicare. Instead, he supports a broad expansion of coverage for healthier foods and gym memberships. “For half the price of Ozempic, we could purchase regeneratively raised, organic food for every American, three meals a day and a gym membership, for every obese American,” Kennedy said to a group of federal lawmakers during a roundtable earlier this year. Ozempic is a diabetes drug that can stimulate weight loss. Comments are not available on this story. Send questions/comments to the editors. « PreviousWASHINGTON, D.C. — Affordable housing providers across the nation just caught a break in their uphill battle to stay afloat. The U.S. Department of Housing and Urban Development (HUD) has introduced a critical update to its Operating Cost Adjustment Factors (OCAFs) under the Section 8 program. This tweak, announced via a Federal Register Notice , is the latest step in combating spiraling operational costs—particularly skyrocketing insurance premiums—and aims to protect the nation’s affordable housing stock while stabilizing rent for low-income families. The stakes? Huge. Insurance costs for HUD-assisted multifamily properties have nearly doubled in just the last five years, with even sharper increases in coastal regions. Rising expenses for energy, labor, and maintenance are only adding fuel to the fire, putting property managers in an impossible bind—cover higher costs or risk compromising the quality and availability of affordable housing. HUD’s action is set to help thousands of property owners avoid a no-win scenario while ensuring residents’ access to safe, quality homes. “Our new adjustment factors will help families and affordable housing providers keep up with increasing housing costs,” said HUD Agency Head Adrianne Todman. “I’ve heard directly from property owners struggling to maintain affordable rents while keeping pace with skyrocketing operating expenses. This is an effort to turn the tide.” Here’s why this matters. HUD’s OCAFs establish the allowable yearly cost adjustments for multifamily housing projects with project-based assistance contracts under the Section 8 program. These factors vary by state and territory and are tailored to reflect changing market realities—higher energy costs, labor demands, and, most critically, explosion-like increases in insurance premiums. By ensuring these cost adjustments are more attuned to actual market conditions, HUD is giving housing providers the breathing room they desperately need to protect their operations without sacrificing affordability for tenants. For families dependent on Section 8 housing, this policy brings a rare sense of stability in an era of unpredictability. “The escalating cost of property expenses and insurance is a growing concern for families and affordable housing providers across the country,” said Julia R. Gordon, Assistant Secretary for Housing and Federal Housing Commissioner. “The new OCAFs represent a significant policy response by HUD and the Biden-Harris Administration to address these ongoing challenges.” The role of insurance in affordable housing is often overlooked—until disaster strikes. Multifamily property owners are tasked with maintaining comprehensive insurance coverage, which safeguards properties and communities in the event of extreme weather or unexpected catastrophes. But as climate risks intensify and insurance premiums soar, the financial balancing act becomes untenable. Coastal areas have been hit particularly hard. Properties along the Gulf and Atlantic coasts, already vulnerable to hurricanes and flooding, have seen insurance costs spike more than any other regions. This increase doesn’t just threaten operations; it jeopardizes the homes of countless families who have no alternatives. HUD has been ramping up efforts to address this crisis head-on. Earlier this year, the department revised multifamily insurance deductibles to ease the burden of wind and storm insurance premiums, providing crucial relief while maintaining adequate coverage requirements. HUD also convened an unprecedented summit in July 2024, bringing together insurance leaders, policymakers, and community stakeholders to hammer out actionable solutions. This OCAF adjustment is just one part of HUD’s broader strategy to tackle rising housing costs head-on. A standout initiative is the Green and Resilient Retrofit Program (GRRP), launched in 2023 and now surpassing $1.1 billion in funding. This program supports energy-efficient and climate-resilient improvements to HUD-assisted properties, reducing damage from disasters and cutting operational costs over the long term. Stronger, greener housing isn’t just a trend—it’s a necessity in today’s volatile climate. These updates also align with the Biden-Harris Administration’s affordable housing agenda, which prioritizes expanding the housing supply, reducing costs, and improving resilience, especially in underserved and disaster-prone communities. This OCAF overhaul builds upon decades of HUD policy under the Multifamily Assisted Housing Reform and Affordability Act of 1997. But unlike static rules of the past, this update reflects real-world challenges that property owners and managers now face. The new OCAFs go into effect for eligible properties with contract anniversary dates starting February 11, 2025. For many housing providers, these changes can’t come soon enough. They represent a necessary step forward in preserving not only individual housing contracts but the sustainability of the entire affordable housing ecosystem. And while this update is promising, it raises a key question for future discourse—how do we balance the rising costs of property operations with the urgent need to expand access to affordable housing? HUD’s bold moves show the agency is willing to meet the challenge head-on, but with insurance rates still climbing and the impacts of climate change intensifying, sustainable solutions will require coordinated effort across federal, state, and private sectors. For now, however, the update offers a clear signal to property owners, tenants, and advocates alike: HUD is listening. Affordable housing is not just a policy goal—it’s a promise. And this promise is being backed with updated tools and targeted action to ensure it remains within reach for millions. HUD’s message is unmistakable—affordable housing is too crucial to falter, and the federal government is prepared to do whatever it takes to stabilize this foundation for American families. The clock is ticking. For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN .