In the next five years as many as 160,000 renters in 20 metro areas could lose their affordable apartments near transit because the contracts on their privately-owned HUD-subsidized rental units are due to expire. The renewed popularity of urban living means that properties in walkable neighborhoods near transit have increased in value, and that property owners are likely to opt out of the HUD program and convert the housing from affordable to market rate.
Senator Dodd’s Livable Communities Act (S. 1619) will help local communities plan for and create better and more affordable places to live, work, and raise families. With sustainable development, our communities will cut traffic congestion; reduce greenhouse gas emissions and gasoline consumption; protect rural areas and green spaces; revitalize existing Main Streets and urban centers; and create more affordable housing.
"The libertarian noise machine against public transportation has been so loud in recent years that it would be easy to conclude all conservatives must agree with it," writes Ehrenhalt. "That is why it is so interesting to come across the new book Moving Minds, the contrarian work that Paul M. Weyrich wrote before his untimely death last year."