In the same week that Congress passed the Housing and Economic Recovery Act of 2008, Los Angeles announcemed the New Generation Fund, a $100 million program for affordable housing.
The article features an interview with Enterprise Community Partners Southern California Director Jeff Schaffer and Vice President of Public Policy Ali Solis. Enterprise Community Partners will oversee the $100 million New Generation Fund for affordable housing and helped lobby Washington for some of the community rehabilitation funds found in the Housing and Economic Recovery Act of 2008.
"The fund is intended to advance the housing agenda of the city. The fund in and of itself does not have targeted priorities. The city has indicated that its priorities, when it comes to the housing development, will focus on transit-oriented development (TOD), preservation, properties with expiring use restrictions, as well as some of the large residential hotels in the Downtown Los Angeles area."
"The bill includes a set of proposals to modernize the Low Income Housing Tax Credit (LIHTC) program, the nation's largest affordable rental housing production program, which Enterprise helped create as part of the Tax Reform Act of 1986. Among other things, the modernization proposals would streamline the rules and regulations of HUD and USDA housing programs when they are used in conjunction with the LIHTC in order to provide comprehensive community development and revitalization."
"We haven't seen legislation like this in decades. Our goal is to continue to find new innovative policy solutions that help close the affordable housing gap for millions of low-income families."
Thanks to James Brasuell
FULL STORY: L.A.’s New Generation Fund: $100 Million for Affordable Housing
Proposed Changes to LIHTC Approved by US House
If passed by the Senate, it would represent the most significant reform to the LIHTC in decades. Some say it’s still not enough.
The Federal YIMBY Act Makes Progress in the House
A federal bill intended to increase transparency in land use and zoning decisions as well as encourage localities to eliminate barriers to housing has advanced out of a House of Representative committee.
GOP Tax Plan Eliminates Critical Infrastructure-Funding Bond Program
The Tax Cut and Jobs Act would have a deleterious effect on major infrastructure proposed by the private sector. The loss of Private Activity Bonds would hike borrowing rates for road, transit, stadium, and even affordable housing projects.
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
San Francisco Suspends Traffic Calming Amidst Record Deaths
Citing “a challenging fiscal landscape,” the city will cease the program on the heels of 42 traffic deaths, including 24 pedestrians.
Adaptive Reuse Will Create Housing in a Suburban Texas Strip Mall
A developer is reimagining a strip mall property as a mixed-use complex with housing and retail.
Study: Anti-Homelessness Laws Don’t Work
Research shows that punitive measures that criminalized unhoused people don’t help reduce homelessness.
In U.S., Urban Gondolas Face Uphill Battle
Cities in Latin America and Europe have embraced aerial transitways — AKA gondolas — as sustainable, convenient urban transport, especially in tricky geographies. American cities have yet to catch up.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Heyer Gruel & Associates PA
JM Goldson LLC
Custer County Colorado
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
Jefferson Parish Government
Camden Redevelopment Agency
City of Claremont