The City of Denver plans to spend more than $15 million over the next decade to purchase real estate near mass transit.
"With seed money from the John D. and Catherine T. MacArthur Foundation totaling $2.25 million, the city has been able to leverage additional private investment into the Denver Transit-Oriented Development Fund. The city is investing $2.5 million in the fund, with $2 million coming from franchise-fee revenues from Xcel Energy."
"The fund is expected to preserve and create up to 3,000 affordable housing units. The focus will be on rentals, but there will be some homes for sale."
"A primary goal of the Transit-Oriented Development Fund is to preserve and expand affordable housing within a half-mile of existing and new rail service and a quarter-mile of frequent bus routes. Denver working families who earn between $20,000 and $50,000 annually spend 59 percent of gross income on housing and transportation costs, according to a 2006 study by the Center for Housing Policy."
Thanks to Reconnecting America
FULL STORY: City to buy real estate

Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.

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

Ken Jennings Launches Transit Web Series
The Jeopardy champ wants you to ride public transit.

Driving Equity and Clean Air: California Invests in Greener School Transportation
California has awarded $500 million to fund 1,000 zero-emission school buses and chargers for educational agencies as part of its effort to reduce pollution, improve student health, and accelerate the transition to clean transportation.

Congress Moves to End Reconnecting Communities and Related Grants
The House Transportation and Infrastructure Committee moved to rescind funding for the Neighborhood Equity and Access program, which funds highway removals, freeway caps, transit projects, pedestrian infrastructure, and more.

From Throughway to Public Space: Taking Back the American Street
How the Covid-19 pandemic taught us new ways to reclaim city streets from cars.
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