Category: LOCUS

City of Somerville, MA and LOCUS release results and next steps of program to balance economic growth and social equity in Union Square

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Today, the City of Somerville, MA, and LOCUS: Responsible Real Estate Developers and Investors publicly released the results of the progress made to date, as well as the next steps, in the Union Square Strategic Planning and Community Benefits process, a public-private partnership between LOCUS and the City.

The recommendations report identifies a series of priorities for ensuring that social equity goals are interwoven with development goals as the city’s Union Square neighborhood undergoes redevelopment centered around the planned MBTA Green Line light rail extension. Shared priorities including displacement prevention, affordable and attainable housing, jobs and workforce development, sustainability, open space, small businesses supports and more, are identified.

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Announcing the full speaker lineup for the 2016 LOCUS National Leadership Summit

The 2016 LOCUS National Leadership Summit, taking place June 13-15, 2016 in Boston, will bring together responsible real estate developers and investors from across the country to meet, connect with, and learn from one another. Some of the nation’s leading experts in walkable urban real estate development will be leading the conversations, and now, LOCUS is excited to introduce the full lineup of speakers who will be featured at this year’s Summit.

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Why are federal programs restricting mixed-use development?

uchf-bannerStreet-level stores with apartments above them, like these along Main Street in Ossining, NY, are one example of the type of development current federal regulations restrict.

A growing number of Americans wanting to live in walkable, mixed-use neighborhoods—but arcane federal rules make it unnecessarily difficult to build this type of development. A recent study by the Regional Plan Association, released in partnership with LOCUS: Responsible Real Estate Developers and Investors, highlights how—and what lawmakers can do to change it.

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2016 federal appropriations bill increases funding for transportation, housing, and urban development

On December 18, President Obama signed into law a $1.1 trillion omnibus appropriations bill that will fund the federal government until September 30, 2016. This funding will support many federal programs that build more equitable, healthy, and sustainable communities nationwide. …

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FAST Act contains new ways to finance transit-oriented development

Developers have two new ways to finance transit-oriented development, like the buildings in this rendering for Triangle Transit in North Carolina. Image via Our Transit Future. On December 4, President Obama signed into law the Fixing America’s Surface Transportation (FAST) …

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LOCUS calls provisions in transportation bill a major step forward for walkable urban development

Today, as the President is expected to sign into law the Fixing America’s Surface Transportation (FAST) Act, the long-awaited five-year federal transportation bill, Christopher Coes, Managing Director of LOCUS, a program of Smart Growth America, issued the following statement.

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Where we’re going, we DO need roads — and Congress can make them safer, smarter, and closer to transit

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We might not have trash-powered flying cars in 2015, but we CAN invest in a transportation system of tomorrow. Congress is considering the next federal transportation bill this week — tell them to make it a forward-looking one.

The U.S. House of Representatives introduced their proposal for a new federal transportation bill last week, and Representatives will mark up and vote on the bill in committee tomorrow.

This gives us a small window of time to improve the bill as it stands, and we need your help. Tell your Representative to make the next transportation bill a forward-looking one.

Posted in Action, Complete Streets, Congress, Federal, LOCUS, Transportation for America | Leave a comment

California governor signs bill to ease parking requirements and create more affordable housing

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On Friday California Governor Jerry Brown signed into a law a bill that will help create more affordable housing by easing parking requirements for developers.

The legislation, Assembly Bill (AB) 744, Planning and Zoning: Density Bonus, will allow developers to request reduced minimum parking requirements within affordable housing projects. It also amends the parking ratio for affordable housing and senior housing to require no more the 0.5 parking spaces per unit, and amends the ratio for special needs housing to require no more than 0.3 parking spaces per unit.

Developers seeking to use these ratios must meet established guidelines regarding percentage of affordable units in the project, distance and access to a transit stop, availability of paratransit services, and access to fixed bus route services. The emphasis on transit access will bolster other efforts to make public transportation and active transportation options safer, more convenient, and more accessible for low-income families.

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