Category: SGA Reports

The Watermark restaurant in The Gulch district in Nashville. The Gulch generated far more revenue per unit than the two other development scenarios. Photo by The Gulch.

Tennessee taxpayers could save money by using smarter development strategies, according to new research published by Smart Growth America.

Fiscal impact analyses of three development scenarios in Nashville-Davidson County, TN (PDF) examines the public costs and benefits of three development scenarios in Nashville-Davidson County: The Gulch, a smart growth oriented development project; Lennox Village, a New Urbanist-style development in a ‘greenfield’ location; and Bradford Hills, a conventional suburban residential subdivision outside of the city.

Communities across the country are making roads safer and more accessible for everyone who uses them, and more communities are using these strategies now than ever before.

The Best Complete Streets Policies of 2012, released today, examines all the Complete Streets policies passed in the last year and highlights some of the best. The analysis also revealed that the Complete Streets movement grew in 2012, continuing a national trend since 2005.

In 2012, 125 communities adopted Complete Streets policies. These laws, resolutions, executive orders, policies and planning and design documents encourage and provide safe access to destinations for everyone, regardless of age, ability, income, ethnicity or how they travel.

In total, 488 Complete Streets policies are now in place nationwide, at all levels of government. Statewide policies are in place in 27 states as well as the District of Columbia and the Commonwealth of Puerto Rico. Forty-two regional planning organizations, 38 counties and 379 municipalities in 48 states also have policies that allow everyone to safely use America’s roads. The policies passed in 2012 comprise more than one quarter of all policies in place today.

Ten cities have led the way in crafting comprehensive policy language. Our ranking of top Complete Streets policies is intended to celebrate the communities that have done exceptional work in the past year.

The Miami Valley Regional Planning Commission in Dayton, OH was one of the communities honored in last year’s analysis. Photo via MVRPC.

Each year the National Complete Streets Coalition takes a look back at the Complete Streets policies passed in the past year, and highlights some of the best. Our analysis of 2012’s policies will be coming out next week – here’s a sneak peek of what’s in the report.

How many policies were passed last year? In the past year we’ve mentioned many communities’ new Complete Streets policies on our blog. Next week’s report will take a comprehensive look at all the policies passed in 2012.

America’s best small town comebacks
CNN.com – March 14, 2013
Everyone loves a good get-back-up, Rocky-style story.
But inspirational tales don’t always have to star a guy in shiny shorts — or a big city like Philadelphia.

Lawmakers Fret About Impact of Budget Cuts on Transit
Streetsblog DC – March 14, 2013
Rep. Peter DeFazio says underinvestment in transit is killing people, and it’s about to get way worse.

Obama’s energy visit involves oil policy jujutsu
Washington Post (DC) – March 15, 2013
Obama to call for shifting transportation away from oil

Bike-Share Spreads Across Sprawling Midwest
Planetizen – March 14, 2013
Bike-share is continuing its march towards world domination, with seemingly every large Midwestern American city jumping on board.

Figure 2 from Federal Involvement in Real Estate.

The federal government spends billions each year in the real estate market through a web of costly programs with an uneven impact on homeowners, renters and communities. Smart Growth America’s recent report Federal Involvement in Real Estate surveyed 50 federal real estate programs to better understand where this money goes, who is benefiting (and who isn’t) and which programs are particularly in need of a closer look.

One of the costliest tax-expenditure programs for housing is the home Mortgage Interest Deduction (MID). Created in 1913, the federal government commits an average of $80 billion each year to this program intended to promote homeownership. Our recent report explains that while the MID does promote increased spending on housing , it does not necessarily increase rates of homeownership. Compounding this problem, the deduction in its current form may be skewing the real estate market in unintended ways.

Earlier today, we released a new report about the federal government’s involvement in real estate. This spending represents billions of dollars of taxpayer dollars, and impacts Americans on every street in every town and city across the country.

We’re calling for action, and we want you to join us. Add your name to the petition asking Congress to examine this spending and better coordinate federal programs.

We know what programs this funding goes to, but how does it impact American families? Is it supporting U.S. communities? And are taxpayers getting the best return on their investment? All of these questions should be answered.

As the 113th Congress begins its new work, with the Presidential Inauguration just two weeks away, and as budget concerns continue to be a focus of debate in Washington, now is a unique opportunity to examine this spending.

Ask Congress to examine federal real estate spending. Take a moment to add your name to the national petition, and share it on Facebook or on Twitter with the hashtag #RethinkRealEstate.

Federal investments could help American communities grow stronger and more vibrant — in addition to achieving their goals of homeownership and housing security. Call on Congress to examine these programs today.

View the full graphic after the jump.

Federal financing of and spending on real estate impacts millions of Americans on every street, in every neighborhood, town and rural community in the country. From loan guarantees to commercial tax credits, these programs help those most in need pay their rent, help families purchase their first home, and provide financing for commercial development. The federal government impacts where and how homes and even whole neighborhoods are built in the United States.

Federal Involvement in Real Estate: A call for examination surveys this spending, which encompasses approximately $450 billion each year. Through a combination of direct spending and commitments, this funding supports loans and loan guarantees, grants, and tax credits.

This spending has an enormous impact on the U.S. real estate market. Though usually viewed as a “free” market, the U.S. real estate sector is heavily influenced by direct and indirect government intervention. Taken as a whole, these expenditures and investments impact where real estate is developed and what kind of product is built.

Even a cursory analysis reveals this impact is uneven. For example, small multifamily buildings are less likely to receive financing, despite the fact that most renters in the United States live in these smaller buildings. Viewed as whole, federal funds are not targeted to those most in need, are not targeted to strengthen existing communities and are not targeted to places where people have economic opportunities.