Falling revenues from real estate taxes could impact transit expansion plans as New York's MTA faces a sharp decline.
"Real estate tax revenue is nearly $81 million shy of what the Metropolitan Transportation Authority has projected so far this year, a scenario that could spell doom for systemwide service improvements.
Officials stopped short of linking the downward trend to the program, which would mean additional trains on the Long Island Rail Road and subways. Previously, they have said that service improvements may not be possible if real estate tax revenues, upon which MTA in part relies to fund operations, don't recover. A decision on whether to move forward with improvements is expected next month.
'We've talked about the yellow flag being up, the yellow flag stays up,' MTA finance chief Gary Dellaverson said yesterday at a meeting of the MTA's finance committee."
FULL STORY: Real estate revenue deficit may derail MTA's plans

Florida Considers Legalizing ADUs
Current state law allows — but doesn’t require — cities to permit accessory dwelling units in single-family residential neighborhoods.

HUD Announces Plan to Build Housing on Public Lands
The agency will identify federally owned parcels appropriate for housing development and streamline the regulatory process to lease or transfer land to housing authorities and nonprofit developers.

Has President Trump Met His Match?
Doug Ford, the no-nonsense premier of Canada's most populous province, Ontario, is taking on Trump where it hurts — making American energy more expensive.

OKC Approves 7.2 Miles of New Bike Lanes
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Preserving Houston’s ‘Naturally Occurring Affordable Housing’
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The Most Popular Tree on Google?
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