Resources

HUD’s Strategy of the Month: Mixed-Income Housing Near Transit

It may be very difficult for low-income families to find affordable housing close to work or school, which means higher costs of transportation and lower efficiency. The Center for Transit-Oriented Development has released a report on how to address this issue. As the report title suggests, Mixed-Income Housing Near Transit: Increasing Affordability with Location Efficiency examines the benefits of mixed-income housing near transit-oriented developments (TODs). The report outlines strategies for implementing mixed-income housing near TODs as a community and on the local level. It also outlines how states or regions can promote mixed-income housing near transit by giving priority to choice projects through the Low Income Housing Tax Credit program. Other recommendations include reducing parking requirements by including car-sharing facilities and using that space for other purposes such as retail or daycare facilities to serve nearby residents. To access the report it its entirety, click here.

 

Rightside Spotlight

Grantee Spotlight: WIRE-Net

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Recognizing the vital need to address the impact of plant closings and relocations on struggling manufacturing-dependent cities, WIRE-Net supports more than 200 parts and components manufacturers, with a specialization in the wind industry, and helps link these businesses to valuable community resources, enabling them to embrace innovation to invest in their employees, spur local economic vitality, and improve competitiveness.

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