Expanded H + T Index Most Comprehensive Snapshot of Neighborhood Affordability

map-smallCNT has updated our Housing + Transportation Affordability website to now cover over 330 metros in the U.S. with expanded and improved data. And our analysis shows that only two in five American communities—or 39 percent—are affordable for typical households when their transportation costs are considered along with housing costs.

The Index for the first time examines 337 metro areas across the country—161,000 neighborhoods and 80 percent of the U.S. population—to provide the only comprehensive snapshot of neighborhood affordability by taking into account the transportation costs associated with neighborhood location and design. Read more of the findings in this brief

On March 23, 2010, CNT President Scott Bernstein was joined by Deputy Secretary Ron Sims of the U.S. Department of Housing & Urban Development , Under Secretary of Policy, Roy Kienitz of U.S. Department of Transportation and Chicago Metropolitan Agency for Planning Executive Director, Randy Blankenhorn, and Managing Director Nick Turner of the Rockefeller Foundation to discuss the findings of the new H + T Affordability Index and its accompanying report, Penny Wise, Pound Fuelish. Listen to the audio of the teleconference.

As HUD Deputy Secretary, Ron Sims, put it, “The Index and report are long overdue. Finally, Americans have the tools to make better decisions about where they live.”

New Website features include

  • Expanded to 337 metro regions
  • Block Groups identified
  • Block Group regional benchmark
  • Find low and high values

The H+T Index shows that once transportation costs are factored into the definition of “affordable housing,” the number of affordable communities drops in almost every metro area in the country, resulting in a net loss of 48,000 neighborhoods with combined housing and transportation costs that stress the average family’s budget. Read more background at http://htaindex.cnt.org/about.php

Explore the new H + T Affordability Index for 337 U.S. metros >>
Learn more about and download Penny Wise, Pound Fuelish >>

Read the full press release >>
Visit the Press Room to learn more >>

12 Responses to “Expanded H + T Index Most Comprehensive Snapshot of Neighborhood Affordability”

  1. steve s Says:

    They put up a map, with different colors, and no explanation of what the different colors mean.

    Awesome.

  2. The Bellows » The Illusion of Affordability Says:

    [...] new study from the Center for Neighborhood Technology describes the problem: A home in Loudoun County eats up [...]

  3. Adding Transportation to the Affordable Housing Equation | Mobilizing the Region Says:

    [...] (CNT) has been turning the conventional definition of affordable housing on its head with the H+T Affordability Index, which redefines affordability to include the transportation costs inherent in a home’s [...]

  4. Bikes = Economic Catastrophe » Cyclelicious Says:

    [...] The president of the Rails to Trails Conservancy, Keith Laughlin, follows up by noting the “drive until you qualify” mindset let to unaffordable mortgages and the housing bubble. The housing-transportation connection was made abundantly clear today with the release of the Center for Neighborhood Technology’s Housing-Transportation Index. [...]

  5. Bikes = Economic Catastrophe « Bike Monkey Magazine Says:

    [...] The president of the Rails to Trails Conservancy, Keith Laughlin, follows up by noting the “drive until you qualify” mindset let to unaffordable mortgages and the housing bubble. The housing-transportation connection was made abundantly clear today with the release of the Center for Neighborhood Technology’s Housing-Transportation Index. [...]

  6. Streetsblog.net » Bikes = Economic Catastrophe Says:

    [...] The housing-transportation connection was made abundantly clear today with the release of the Center for Neighborhood Technology’s Housing-Transportation Index. [...]

  7. Streetsblog.net » Housing and Transportation Squeeze Hitting Rural America Says:

    [...] website features profiles of communities in both rural and metro areas [...]

  8. Mapping the Hidden Costs of the Suburbs « Christopher A. Haase Says:

    [...] play around with the updated affordability index here and read their announcement about the release here. Posted by chaase Environmental, Health and Safety News Subscribe to RSS [...]

  9. annette Says:

    Steve, the colors on the U.S. map do not mean anything other than as a way to distinguish one metropolitan area from another. Sorry you were confused. Let’s us know if you have any other reactions.

  10. Wheel Estate « Pedal to Properties Real Estate Blog Says:

    [...] the home for most buyers is cut in half when you factor commuting costs. Check out the article or view the full report by the Center for Neighborhood Technology that looks at 330 metro areas. With a Pedal to Properties [...]

  11. The Greatest Buying Opportunity of our Lifetimes? Says:

    [...] Expanded H + T Index M&#959&#1109t Comprehensive Snapshot &#959f Neighborhood Affordability : Center… [...]

  12. Site index Says:

    Site index…

    [...]Expanded H + T Index Most Comprehensive Snapshot of Neighborhood Affordability : Center for Neighborhood Technology[...]…