Albuquerque's successful affordable housing program is failing thanks to NIMBYism and policies that drive down the value of apartments.
"The Affordable Housing Portfolio is elegantly simple. A city agency called Albuquerque Development Services buys apartment complexes on the open market from private owners. They then rent a quarter of those units to low-income families for 20 percent of their monthly income, subsidizing the balance of the rent from the "profit" they make by leasing all the other units at market rates. The rest of the "profit" goes toward retiring the bonds that financed the purchase.No federal money is involved. No ghettoization of the poor occurs."
Thanks to Congress on New Urbanism
Read the full story: Ortiz y Pino
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.
Move over, LA: St. Louis gears up for Olympics, invests millions in downtown redevelopment
The Missouri city will host the 2028 Olympic soccer group stage and knockout matches.
Dallas releases zoning code overhaul to officials
The drafted overhaul is over 400 pages long.
NYC renovations for dangerous, ‘mercilessly crammed’ street delayed until 2027
Construction was supposed to begin this fall.
San Diego’s Midway Rising project gets greenlight from city council
The project looks to become the largest affordable housing development in California's history.
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