CNT delivers game-changing research, tools, and solutions to create sustainable + equitable communities.

MORE

Featured Story

CNT's H+T Index on Affordability in Carrboro, NC

OrangePolitics

Does the Cost of Housing Tell the Whole Story? Not in Carrboro

For years now, residents and elected officials alike have expressed concern over the affordability of housing in Orange County and the Triangle. Durham’s “Pennies for Housing” and Chapel Hill’s recent “Affordable Housing Bond” attest to the central role housing affordability has played in civic discourse in our area. Moreover, research suggests that the cost of an area’s housing is among the most prominent variables that factor into people’s decisions on where [to] settle.

Which is why it’s nice to see articles that help us make investment decisions. Take a recent one by Derrick Miller published on the SmartAsset site. Miller uses the Department of Housing and Urban Development (HUD)’s definition of “housing cost-burdened”—i.e., when people spend more than 30% of their income on housing—to estimate the percentage of folks in various U.S. cities who are burdened by their housing costs. His calculations reveal that Newark, NJ is the nation’s “most severely housing cost-burdened” city in the U.S. and that Cary, NC is the least housing cost-burdened city.

Miller says, “altogether nearly 48% of households in Newark spend at least 30% of their income on housing.” On the other hand, he notes that with less than 15% of Cary homeowners spending more than 30% of their income on housing, “Cary residents are some of the most financially flexible in the nation.” 
But is Miller telling the whole story? Would anyone seriously argue that a $300,000 house located 10 miles from the nearest grocery store cost homeowners the same as a $300,000 house located within ½ mile walking distance of a grocery store, offices, shops, and restaurants? In fact, when we factor in households’ transportation costs, a different cost picture emerges.

To account for households’ transportation costs, I entered Newark, NJ and Cary, NC into the Housing and Transportation (H+T®) Affordability Index—a tool developed by the Center for Neighborhood Technology (CNT) that includes both the cost of housing AND the cost of transportation to more closely reflect the affordability of places.

View Story

Blog Posts

Illinois Counties Can Provide Essential Flood Protection for Their Communities

The Illinois Legislature took a major step toward reducing urban flooding by passing HB4748 and giving 86 Illinois counties the authority to adopt stormwater management plans and standards and provide essential flood protection services to their villages, homeowners and businesses.  On May 17, 2018, House Bill 4748 (HB4748) easily passed in the Senate having passed in the House unanimously in March.  Illinois has 102 counties, 32 of which meet the definition of “urban”. Under the... Continue reading »

 

Featured Publication

RainReady Robbins

CNT
March 10, 2017

The RainReady Calumet Corridor Plan represents the collective vision of over 2,100 residents, business owners, and municipal staff, elected representatives, regional leaders, and non-governmental organizations that all share interest in strengthening the homes, neighborhoods, communities throughout the Calumet Corridor in the south suburbs of Chicago. This document focuses on the Village of Robbins, Illinois.

Download PDF

Publication Library

 

CNT is engaged by governments, advocates, policy makers, and community groups to apply our expertise to solving problems.

Featured Work

xxxx

Transit-Oriented Development show all (15)

Cargo-Oriented Developmentshow all (4)

Transportationshow all (11)

Housing + Transportation Affordabilityshow all (29)

Parkingshow all (4)

Location Efficiencyshow all (3)

Eco-Districtsshow all (2)

Sustainable Prosperityshow all (11)

Sustainability/Resilienceshow all (16)

Watershow all (7)

Policyshow all (3)

Climateshow all (4)

Planningshow all (6)

Othershow all (4)