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
Read the full story: City to buy real estate
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Eastern Nebraska is running out of electricity
Data centers and electrification are straining eastern Nebraska’s grid, throttling economic development.
Study reveals best places in the U.S. for cycling, walking
New research from Streetlight Data examines bicycle and pedestrian miles per capita in the 100 largest U.S. cities by population.
DSA members accuse Mamdani of 'abandoning values' over housing redevelopment
New York City's mayor plans to replace about 2,000 units of public housing with private, mixed-income housing.
All sides of BRT debate unhappy with CDOT’s most recent move
The Colorado Department of Transportation is no longer considering center-running bus lanes for Colorado Boulevard.
Massachusetts bogs generate both power, and cranberries
Putting solar panels above farmland is one way Massachusetts is advancing toward its goal of net-zero carbon emissions by 2050.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
University of Michigan School for Environment and Sustainability (SEAS)
Hunter College, City University of New York (CUNY)
The Architects Foundation
City of Cambridge
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello