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Preserving Opportunities: Saving Affordable Homes Near Transit

Preserving Opportunities: Saving Affordable Homes Near Transit

Preserving affordable housing near transit means more than simply saving a building—it means preserving opportunities for low-income families and seniors to access jobs and services. Next to housing, transportation is the second highest household cost for most Americans. Affordable housing located near transit allows families and seniors to live an affordable lifestyle and access employment, education, retail, and community opportunities.

In this study, Reconnecting America and the National Housing Trust identified federally assisted affordable housing located in close proximity to existing or proposed public transportation in 8 cities: Boston, Chicago, Cleveland, Denver, New York City, Portland, St. Louis, and Seattle. We also give recommendations in this short brief.

Center for TOD Demand Estimate Update

The Center for TOD has updated its market demand estimate for the number of households likely to be looking to rent or buy housing near transit, from 14.6 million households by 2025 to 15.2 million households by 2030. These numbers are more than double the number of households who live near transit today. Meeting this demand would necessitate building 2,000 housing units near every station in the U.S. The earlier demand estimate was released in our landmark TOD market study 'Hidden in Plain Sight: Capturing the Demand for Housing Near Transit' in 2004. The numbers were updated for 2030 in order to be consistent with the time horizon of many regional transportation and land use planning efforts underway, as well as to account for the construction of new fixed-guideway systems.

Realizing the Potential: Expanding Housing Opportunities Near Transit

This new national study funded by the Federal Transit Administration and the U.S. Department of Housing and Urban Development shows that location matters a great deal when it comes to reducing household costs. While families who live in auto-dependent neighborhoods spend an average of 25 percent of their household budget on transportation, families who live in transit-rich neighborhoods spend just 9 percent, the study says. The report examines five case study regions – Boston, Charlotte, Denver, Minneapolis, and Portland -- to better understand the proactive strategies being undertaken to create and preserve affordable housing near transit.

Hercules Aerial Tram/Mobility Study & Report

This study seeks to inform City of Hercules Council and Staff about connecting the City’s waterfront to a new developing town center. This study gives technical information on the possibility of using aerial ropeways (which includes aerial trams and gondolas) and discusses alternatives such as buses and streetcars.

The Case for Mixed-Income Transit-Oriented Development in the Denver Region

This study reviews the demand for housing near transit; explores the benefits of mixed-income, transit-oriented neighborhoods; analyzes the barriers to creating such communities; offers an array of tools for overcoming those barriers; and applies those tools in the context of four planned transit station areas in metro Denver.

Preserving and Promoting Diverse Transit-Oriented Neighborhoods (2006)

This report for the Ford Foundation is about the demand for housing near transit from low-income and very-low-income households, and the racial and economic diversity of households living within a half mile of transit. It describes the benefits of diversity and TOD to maintaining the health of neighborhoods and regions, and the policies that can be employed to meet the demand for transit-oriented housing.

Tools for Mixed-Income TOD (2006)

This paper describes and evaluates tools and strategies that are being used to create mixed-income and affordable housing near transit in regions around the U.S. The first half of the paper explains how these various strategies are being used and the limitations and successes of each, and the second half discusses best practices and provides examples of each.

The Affordability Index: A New Tool for Measuring the True Affordability of Housing Choice (2006)

The housing and transportation Affordability Index quantifies the impact of transportation costs on the affordability of housing choices and the savings derived from living in “location efficient” communities that are near transit, shopping, schools and work. The index was built using data sets that are available for every transit-served community in the U.S. and can be applied in more than 42 cities in the U.S. It is intended to provide consumers, policymakers, lenders and investors with the information needed to make better decisions about which neighborhoods are truly affordable – so as to illuminate the implications of policy and investment choices.

A Heavy Load: The Combined Housing and Transportation Burdens of Working Families (2006)

Low- and moderate-income families are finding that if they move further from work in order to find affordable housing they end up spending at least as much as they save – or more – on the increased cost of transportation. This report details the “heavy load” of combined transportation and housing costs on working families in 28 metropolitan regions around the U.S.

Value Capture: How to Get a Return on Investment in Transit and TOD

A brief summary of the many options available for capturing the value of transit and TOD before they're built. If you're looking for ways to fund a new transit line, this is a good place to start.

Hidden In Plain Sight: Capturing the Demand for Housing Near Transit (September 2004, revised April 2005)

Our national TOD market study shows that demographics and other trends will cause the potential demand for compact housing near transit to more than double by 2025. This means that more than 14.6 million housieholds will be looking to rent or buy near transit, and meeting this demand would require building 2,000 residential units near each of the 4,000 stations in the U.S. The study ranks metro regions according to the size of their transit systems and according to the development potential.

Transit-Oriented Development: Moving From Rhetoric to Reality

Many projects that are labeled “transit-oriented” are merely “transit-related” and don’t realize their potential to also be environmentally sustainable and socially just. This paper offers an expanded definition of TOD that focuses primarily on functions and outcomes, such as increased location efficiency and mobility, more housing and shopping choices, and enhanced value recapture and value return. This definition allows for a more nuanced evaluation of projects, and a different view of why so many don’t live up to their potential. The authors also make recommendations on how projects can be improved, focusing on the roles that can be played by the five main actors in the development process. This paper became one of the Urban Center’s ten most popular publications of 2002.

TOD in the USA: The Implementation of TOD in Four Metropolitan Regions (2002)

This paper assesses the progress of transit-oriented development in four metropolitan regions – Atlanta, the Bay Area, Chicago and Denver. The shared "lessons learned" include the following: early planning is essential; upfront work on zoning, parking and codes can entice the market; and the planning and entitlements process needs to be made more developer-friendly. One conclusion is that TOD represents a paradigm shift toward a more integrated and interdisciplinary way of solving problems.