Archive for the 'Featured Portfolio News' Category
Monday, August 23rd, 2010
A new report by the Grand Rapids Area Coalition to End Homelessness uses CNT’s Housing + Transportation Affordability Index (H+TSM Index) data to illustrate the dearth of affordable housing in the region. The report, part of the coalition’s decade-long plan to end homelessness, aims to re-shape how leaders in and around Grand Rapids, Michigan, think about and address homelessness.
Highlighting the impact of transportation costs on affordability, the report incorporates CNT’s first ever rural analysis of housing and transportation costs for Grand Rapids and eight nearby counties, including Allegan, Barry, Ionia, Kent, Montcalm, Muskegon, Newaygo, and Ottawa. Read more »
Posted in Featured Portfolio News, Transportation and Community Development | No Comments »
Monday, August 16th, 2010
The popular website that gives you a score based on the walkability of your neighborhood will now include CNT’s ground-breaking transportation cost information to its suite of consumer-oriented tools.
Walk Score, which allows users to obtain a “walkability” rating for a specific location based on the number of nearby amenities, is using data from CNT’s Housing + Transportation Affordability Index to provide a better sense of the transportation costs and environmental impact for a neighborhood. Adding the H+T Index to Walkscore will further illustrate how choosing to live in walkable, transit-connected neighborhood can lower household expenses and one’s impact on the environment. Read more »
Posted in Featured Portfolio News, Transportation and Community Development | No Comments »
Wednesday, August 11th, 2010
Money Magazine's "best places to live" cover story fails to take into account the cost of transportation.
Money magazine’s “100 Best Places to Live in America” is the most recent, high-profile example of how we need to re-think our definition of affordability when it comes to where we live. A quick scan of the communities that topped Money’s list suggests the magazine didn’t consider the cost of transportation in making their selections. Many of the places — suburban Minneapolis, suburban Baltimore, suburban Dallas, — are low-density, outer-ring suburbs that lack transit options and require households to drive most places and own several cars.
Like the Money article, many of us fall into the trap of thinking affordability boils down to the cost of our mortgage or rent payments. That encourages a “drive ‘til you qualify” mentality, where home-hunters pass over city neighborhoods or inner-ring suburbs and choose to live in outer-ring communities where housing is cheaper. However, these people soon learn that their new community is not as affordable as they thought, finding themselves stuck behind the wheel to get to work, school and the grocery store. Read more »
Posted in Featured Portfolio News, Transportation and Community Development | No Comments »
Wednesday, August 11th, 2010
Now that Congress has failed to pass strong climate legislation this year, the Obama Administration has the opportunity to demonstrate its leadership and re-tool its role in supporting state and local governments in creating better solutions to address climate change.
To respond to this missed opportunity at enacting a comprehensive climate policy, the Presidential Climate Action Project (PCAP) has drafted a fresh list of recommendations that President Obama can implement in the near term. As PCAP Executive Director William Becker, put it, “Congress has passed the ball back to President Obama. He should run with it.” Read more »
Posted in Climate, Featured Portfolio News, PCAP | No Comments »
Thursday, August 5th, 2010
A partnership between HUD, DOT, EPA. Secretaries Shaun Donovan, Ray LaHood, Lisa Jackson, respectively. Photo: EPA
The U.S. Senate Banking Committee, chaired by Sen. Christopher Dodd (D-Conn.), approved the Livable Communities Act on August 3. The legislation would create an Office of Sustainable Housing and Communities to encourage comprehensive regional planning and sustainable development by breaking down federal agency and department barriers.
The Livable Communities Act would strengthen communities and increase housing affordability for families by encouraging sustainable development. Grant money made available through the legislation, for instance, would fund projects that prioritize vibrant downtown business districts within walking distance of homes and transit stops, brownfield redevelopment in struggling industrial areas, and public transit options to reduce household transportation costs—the second highest expense for Americans after housing. Read more »
Posted in Featured Portfolio News, Policy, Transportation and Community Development | No Comments »
Friday, July 30th, 2010
Our Lady Gate of Heaven Church in Calumet. Photo taken after a storm in the summer 2008. Before the bioswale was installed, the parking would be flooded for days after a big rain. The bioswale soaked up this rain after one day.
As Chicago-area residents continue to clean up from last weekend’s storms that dumped more than eight inches of rain in less than 48 hours, it is important to consider why such storms seem to be occurring more often and what we can do to lessen the damage as they happen in the future.
The overwhelming majority of climate scientists agree that human-induced climate change is already altering our planet. The effects of climate change will affect all parts of the planet, including the Midwest, where we can expect more extreme summer heat days, threats to agriculture, and more intense and frequent storms. Read more »
Posted in Featured Portfolio News, Natural Resources | 1 Comment »
Monday, July 26th, 2010
Late last week Gov. Pat Quinn signed the Housing + Transportation Affordability Index Act, which will give state agencies the complete information they need to make wise investment decisions in housing.
The theory behind the bill is simple: Housing costs do not end when we sign our rent or mortgage checks. Where we live has other costs associated with getting around: to work, to school, to the grocery store. How much that costs depends on where we live and what options are available to move us from point A to point B. Read more »
Posted in Featured Portfolio News, Transportation and Community Development | No Comments »
Friday, July 23rd, 2010
News that the Senate leadership in Congress has decided to indefinitely postpone passing comprehensive climate and energy legislation this year is tremendously disappointing. Though climate change regulations from the U.S. Environmental Protection Agency, states and regions are still moving forward, many viewed this summer as the best opportunity for Congress to pass legislation that would create a national framework to transform our energy system and cut global warming emissions.
Today’s news from Capitol Hill underscores why CNT’s work is more important than ever. Since the day CNT opened its doors more than 30 years ago, our philosophy is that change comes at the neighborhood level. And although it is crucial for the United States to implement a federal-level strategy to improve our energy system and reduce our global warming pollution, many of the actions required to meet any national climate goal will occur at the local level. That means every community can and should continue to move forward and do its part. Read more »
Posted in Climate, Featured Portfolio News | No Comments »
Friday, July 16th, 2010
As more companies like GE and Siemens delve deeply into the technological opportunities to be gained from a smart grid, CNT and other advocates stress that a smart grid will not be economically viable unless customer benefits are included as fundamental components.
As it stands, most discussions of infrastructure investment do not include customer benefits anywhere near the beginning of the discussion. Because many smart grid investments need to rely on consumer benefits as well as system benefits for a strong business case, lack of a robust consumer-oriented strategy weakens the argument for smart grid investments. Read more »
Posted in Energy, Featured Portfolio News, Illinois Smart Grid Initiative | 1 Comment »
Thursday, July 15th, 2010
CNT has developed a new tool for individuals to find what a typical household spends on transportation in their neighborhood. “Abogo” is a more consumer-oriented extension of the Housing + Transportation Affordability Index, which offers the true cost of housing based on its location, by measuring the transportation costs associated with place.
Abogo measures the money a typical household, living in a given neighborhood, would spend getting around– including car ownership, car use, and transit use. It also provides the carbon emissions associated with using a car. CNT developed Abogo so that individuals can now measure the true cost and impact of where they live in 337 metropolitan areas in the U.S., in the same way that planners and municipalities have been using the H + T Index to better understand the combined costs of housing and transportation at the regional level, for example. Read more »
Posted in Featured Portfolio News, Transportation and Community Development | No Comments »
