H+T Presentation
Fannie Mae Foundation, June 15, 2006 CNT has been promoting a new and more comprehensive way of thinking about the cost of housing and true affordability by exploring the impact that transportation costs associated with the location of the housing have on a household’s economic bottom line. This research builds off CNT’s research into Location Efficiency—which led to Location Efficient Mortgages (LEMs) —reinforcing the relationship between urban form, housing site selection, and transportation costs. To integrate this way of thinking into the choices and decisions made by home buyers, renters, urban and transportation planners, and developers, CNT has co-developed a groundbreaking tool, the Housing and Transportation Affordability Index, that measures the true affordability of housing choice—by factoring in both housing and transportation costs in a neighborhood. More information at www.cnt.org/ht
