Households that are given affordable housing have more money to spend, which can bring more money into the economy, according to a new study from the Furman Center for Real Estate and Urban Policy.
Amanda Fung writes, "The study found that the use of federal low-income housing tax credits is crucial to building and rehabilitating affordable housing, and to helping inner city neighborhoods. By paying affordable rent-monthly rents averaging $500-families were able to more than double their discretionary income, which in turn allowed them to pay for health care, reduce their debt or put money into savings."
Read the full story: Affordable housing pays off for city
Boston is hard to build housing in: its chief of planning wants to keep it that way
Chief of Planning Kairos Shen said she would not make changes to Boston’s affordability requirements for new housing, which critics say have slowed down development.
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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.
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Eastern Nebraska is running out of electricity
Data centers and electrification are straining eastern Nebraska’s grid, throttling economic development.
Seattle passes record-breaking transit services expansion
Proposition 1 will double the city’s transit tax to add 95,000 more bus trips and preserve 180,000 bus trips annually.
FREE Course: Walkable City 1: Why Walkability?
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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
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