Fannie Mae increases mortgages for people who buy homes near train stations and bus stops and agree to own only one car.
"Buyers who purchase a home within a quarter-mile of a bus line or a half-mile of a train station can qualify for a mortgage up to 8 percent larger than they could get under a traditional loan. In exchange, they must agree to limit the number of cars they own to no more than one per adult driver.The program is aimed in part at reviving older suburbs that fell out of favor when people began driving longer distances to work."
Thanks to Chris Steins
FULL STORY: Take the train, get more house

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

Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.

Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.

Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.

MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.

Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
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