CNT Lends Expertise to HUD + USDOT to Help Design New Online Measures of Location Affordability
HUD and USDOT Launch Location Affordability Portal
On November 12, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Transportation (USDOT) announced the launch of the Location Affordability Portal (LAP), a web-based tool that estimates the cost of housing and transportation based on location. CNT contributed our expertise in location efficiency and household transportation modeling to help create the LAP and related tools: the Location Affordability Index and My Transportation Cost Calculator.
CNT worked closely with and took direction from HUD and other project partners to deliver a product that meets specific goals. Chief among these goals is advancing Americans’ awareness of the impact of the combined costs of housing and transportation on an individual’s or family’s monthly budget.
CNT congratulates HUD and USDOT on the launch of the LAP. We are honored to have had a role in the development of the LAP, and to lend our analytic expertise in location efficiency. The LAP will help people help people from all corners of America make more informed decisions about where to live, work, and invest.