Households that are given affordable housing have more money to spend, which can bring more money into the economy, according to a new study from the Furman Center for Real Estate and Urban Policy.
Amanda Fung writes, "The study found that the use of federal low-income housing tax credits is crucial to building and rehabilitating affordable housing, and to helping inner city neighborhoods. By paying affordable rent-monthly rents averaging $500-families were able to more than double their discretionary income, which in turn allowed them to pay for health care, reduce their debt or put money into savings."
FULL STORY: Affordable housing pays off for city

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.

Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.

Ohio Forces Data Centers to Prepay for Power
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MARTA CEO Steps Down Amid Citizenship Concerns
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Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
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