Tuesday, June 16, 2009

Balancing Trips and Housing

HUD reports that low-income families spend a disproportionate amount of their income on transportation-related expenses, as they often trade shorter commutes for the reduced housing costs found in outlying areas.

Creating affordable housing close to public transit facilities can increase overall housing affordability (and reduce the cost of living) for low- and moderate-income families. A report from the Center for Transit Oriented Development, Tools for Mixed-Income TOD, discusses resources and strategies that local governments can bring to bear when integrating mixed-income housing within transit-oriented developments (TOD).

For detailed descriptions of tools and best practices designed to promote mixed-income TOD, please view the report in its entirety.

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