Are 'New Markets Tax Credits' the vehicle to improve community and economic development in ways America has never seen?
"The New Markets Tax Credit was born in 2000, when Congress approved it as part of the Community Renewal Tax Relief Act. Its parents were the historic preservation and low-income housing tax credits, established in 1976 and 1986 respectively.
...The larger aim of the newest tax credit, as described in 2004 by Samuel Bodman, deputy secretary of the Treasury Department, is to "empower the people who live, work, and invest in communities to make decisions about what type of ventures will create the most jobs and grow the local economy."
...Financial heavyweights have been attracted to the table. Typical is Goldman Sachs, which was awarded a $75 million new markets tax credits allocation in 2003. A subsidiary, the Urban Investment Group, acts as a syndicator, asset manager, and matchmaker for infill development in urban markets, focusing on ownership housing, mixed-use developments, and stand-alone commercial projects."
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Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
USGS Water Science Centers Targeted for Closure
If their work is suspended, states could lose a valuable resource for monitoring, understanding, and managing water resources.
End Human Sacrifices to the Demanding Gods of Automobile Dependency and Sprawl
The U.S. has much higher traffic fatality rates than peer countries due to automobile dependency and sprawl. Better planning can reduce these human sacrifices.
Seattle Transit Asked to Clarify Pet Policy
A major dog park near a new light rail stop is prompting calls to update and clarify rules for bringing pets on Seattle-area transit systems.
Oregon Bill Would End Bans on Manufactured Housing
The bill would prevent new developments from prohibiting mobile homes and modular housing.
Nashville Doesn’t Renew Bike Share Contract, Citing Lost Federal Funding
The city’s bike share system, operated by BCycle, could stop operating if the city doesn’t find a new source of funding.
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.
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Transportation Research & Education Center (TREC) at Portland State University
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Institute for Housing and Urban Development Studies (IHS)
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