Rethink Real Estate: Reform the Federal Housing Administration’s Single Family Home Program

HUD Headquarters in Washington, DC
The U.S. Department of Housing and Urban Development headquarters in Washington DC. Photo by Ryan Orr via Flickr.

This is the second in a series of posts discussing recommendations from our new platform Federal Investment in Real Estate: A Call for Action. The series highlights what is lacking in current federal real estate policy and how our recommended improvements could generate better returns for families, communities and taxpayers.

The Federal Housing Administration (FHA) has helped millions of families purchase their homes, and ensures mortgages are widely available during times of economic distress when banks and other financial institutions tighten lending standards. As the housing market rebounds, however, it’s time to refocus this program on its original mission.

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Partnership for Sustainable Communities celebrates 4 years of work in Asheville, NC

Speakers in Ashveille, NC
From left: Land-Of-Sky Regional Council Executive Director Joe McKinney, Congressman Heath Shuler and HUD Regional Field Director Christian Stearns. Photo via City of Asheville

The City of Asheville, the Land-of-Sky Regional Council and federal partners gathered in North Carolina last week to celebrate the 4th anniversary of the Partnership for Sustainable Communities – a collaboration between the U.S Department of Housing and Urban Development (HUD), the Department of Transportation and the Environmental Protection Agency that helps communities across the country develop in more economically sustainable ways through the exchange of ideas, planning tools and public engagement.

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Complete Streets leaders celebrate 500 policies and look forward to the movement's future

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On August 14, 2013, Smart Growth America and the National Complete Streets Coalition celebrated the 500 communities across the United States that have made their streets safer and more accessible for everyone who uses them with Complete Streets policies, and looked ahead to the future of the Complete Streets movement.

The 500th Complete Streets Policy celebration honored Memphis, TN for passing the milestone policy, and featured a panel of experts including Rich Weaver of the American Public Transportation Association (APTA); Kyle Wagenschutz, Bicycle and Pedestrian Coordinator for the City of Memphis,TN; Art Guzzetti, Vice President of Policy at APTA; Colleen Hawkinson, AICP, Manager, Strategic Planning Branch, DDOT; Darren Smith, Policy Representative, National Association of Realtors and Jeff Miller, President & CEO, Alliance for Biking and Walking. The panel discussion was moderated by Roger Millar, PE AICP, Director of the National Complete Streets Coalition.

Complete Streets

Indianapolis makes new commitment to brownfields redevelopment thanks to insurance recovery

Major Tool and Machinery
Major Tool and Machine expanded its Indianapolis factory onto the former site of Ertel Manufacturing, once a brownfield. The site was remediated through a combination of grants, tax increment financing and federal programs. Photo via Facebook.

When Ertel Manufacturing closed down in 2002, it left behind land contaminated with half a dozen different toxic substances. After spending millions of dollars to clean up and remediate the site, the City of Indianapolis has won legal victory over the company that insured Ertel Manufacturing—and the City is putting that money back into remediation efforts.

The City of Indianapolis recently won a $6 million insurance settlement over the Ertel Manufacturing site, which was abandoned after the company filed for bankruptcy in 2002. The victory is one of “insurance recovery” (or “insurance archeology”), where insurers are held liable for the cleanup costs of polluting businesses that held comprehensive general liability (CGL) policies. It is most often used in instances where the business is now bankrupt or is not financially viable and the CGL policies were written between 1945 and 1985.

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Northwest Colorado hosts workshop to discuss strengthening economy

Eagle CO

Northwest Colorado Council of Governments (NWCCOG) officials and local residents met with representatives from Smart Growth America on August 8 and 9, 2013 as part of a free, grant-funded technical assistance program. The two-day workshop provided tools and training to assist NWCCOG leaders as they develop strategies for the organization’s new role as a U.S. Economic Development Administration Economic Development District. These strategies will help NWCCOG communities to strengthen their economies while also maintaining the natural environment for which the region is known.

“NWCCOG is very excited about our upcoming Smart Growth America workshop,” said Rachel Lunney, Economic Development and Communications Manager for NWCCOG. “We are a newly-designated Economic Development District, and as such we have asked for assistance with planning for the economic and fiscal health of our member communities. Smart Growth America’s experts will help us advance toward our vision of a robust, diverse regional economy, made up of strong local businesses and jobs that pay well in communities with housing and transportation choices near jobs, shops and schools.”

Technical assistance

How Phoenix, AZ is using transit-oriented development to reinvent downtown

Phoenix, AZ

Phoenix residents can soon look forward to more housing and lifestyle choices, thanks toReinvent PHX, a collaboration between the City of Phoenix, the U.S. Department of Housing and Urban Development (HUD), Arizona State University, St. Luke’s Health Initiatives and local organizations aiming to develop “sustainability action plans” for the areas along Phoenix’s existing light rail line.

This process, carried out in consultation with the public and with funding from HUD, is intended to create an attractive investment environment for transit-oriented development (TOD) projects along Phoenix’s light rail line, Valley METRO, which opened in 2008. By 2014, Phoenix will have developed sustainability action plans for each of the light-rail adjacent areas, and implementation will begin. Soon a “car-free” or “car-lite” lifestyle will be available to more and more Phoenix residents through TOD.

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Rethink Real Estate: Eliminate some rate subsidies from the National Flood Insurance Program

Clarksville, TN
Federally subsidized flood insurance makes it easier to build homes in flood-prone areas. Image via Wikimedia.

This is the first in a series of posts discussing recommendations from our new platform Federal Investment in Real Estate: A Call for Action. The series will highlight what is lacking in current federal real estate policy and how our recommended improvements could generate better returns for families, communities and taxpayers.

The National Flood Insurance Program (NFIP) is intended to provide property owners and renters with a way to financially protect themselves from flood damage. Administered by the Federal Emergency Management Agency, the NFIP works closely with nearly 90 private insurance companies to offer flood insurance to homeowners, renters and business owners.

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Partnership in the News: City of Birmingham, AL breaks ground on new multi-use trail thanks to TIGER grant

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The City of Birmingham, Alabama received a $10 million U.S Department of Transportation,Transportation Investment Generating Economic Recovery (TIGER) grant to partially finance a bicycle-pedestrian trail through the city.

This trail system is part of a larger planned system, the Red Rock Ridge and Valley Trail System, created with the input of over 3,000 residents of Jefferson County.

Thanks to the TIGER grant, the trail will connect residents to some of the city’s Civil Rights Heritage Sites, as well as provide options for physical activity and access to jobs, schools, and public transportation.When completed in 2014, the trail will span 29-miles and link 21 communities.

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Memphis adopts the 500th Complete Streets policy in the U.S.

On August 14th, 2013, the National Complete Streets Coalition will mark the adoption of the country’s 500th Complete Streets policy with an event celebrating the communities across the nation that have committed to building safer, more accessible streets for all users. Please join us for a live video stream of the event’s speakers and panels. In the meantime, we invite you to get in on the conversation at our Facebook page or with the #500policies hashtag on Twitter.

The celebration will be focusing in part on Memphis, Tennessee, whose new Complete Streets measure pushed us over the 500-policy mark. Earlier this year, Mayor A.C. Wharton signed an executive order directing that new road facilities and major renovations in Memphis accommodate all users and all modes. In addition to the development of a new multimodal Street Design Guide, per the executive order, Mayor Wharton announced plans to further expand the city’s bicycle facilities, including construction of 15 miles of new protected bike lanes. This official embrace of Complete Streets is part of a remarkable, citizen-driven turnaround for a city so long built around the automobile that Bicycling magazine twice named it one of America’s worst cities for bicycling.

Remaking streets from the ground up

For years, dedicated Memphians had worked to improve conditions for walking, biking, and transit in the city, but the grassroots movement for safer, more vibrant streets most visibly coalesced a few years ago in the Broad Avenue area in east Memphis. Originally the commercial corridor for nearby railcar manufacturing, Broad Avenue had fallen into neglect by the 1990s, with only a few active businesses in a landscape of fast roads, acres of parking, endless curb cuts, and indistinguishable sidewalks–a bleak environment where nobody would walk if they could help it.

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