A Hartford Courant editorial gives reasons for why a current city proposal to implement an 'affordable rental standard' is bad for Hartford.
The 'affordability rental standard' proposed in Hartford is "20 percent lower than the lowest rent ceiling established" by HUD's HOME Program. In reaction to the proposal, the Hartford Courant writes:"A proposal now before Hartford's city council could impede the construction of high-end apartments...Some housing providers think there are enough affordable apartments in the neighborhoods around downtown to fill the need....A building has to make money to pay its costs and turn a profit. If 20 percent of the apartments are loss leaders, the other apartments must make up the difference. In other words, landlords have to charge higher rents. The prospect of higher rents could dissuade developers from undertaking upscale projects."
Thanks to Connie Chung
FULL STORY: Don't Stifle Downtown Housing
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City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
Tufts University, Department of Urban and Environmental Policy & Planning
City of Universal City TX
ULI Northwest Arkansas
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.
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Learn the tools for implementing Universal Design in planning regulations.
