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.
Street-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.
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. …
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) …
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.
Where we’re going, we DO need roads — and Congress can make them safer, smarter, and closer to transit
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.
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.
Smart Growth America seeks a Communications Fellow to support LOCUS, a national network of smart growth real estate developers and investors. The Fellow will be a core member of the LOCUS team and provide direct support to the LOCUS network of real estate developers and investors advocating for smart growth policies at the federal and regional levels.
As demand for walkable urban places rises across the country, real estate developers and investors are looking for ways to finance these complex projects. State and federal programs can help but understanding them all can be tough. A new resource from LOCUS provides an overview of these programs and what they can do.
The LOCUS Federal Financing Toolkit is a guide to over 40 federal financing opportunities, designed to help real estate developers and investors as well as local elected officials take advantage of these programs. The toolkit provides an overview and analysis of programs at over a dozen federal agencies, designed to support new projects related to Brownfields, Community Development, Pollution and the Environment, Housing, Transit and Transportation, and Food Access.
Sound Transit’s LINK light rail on the Seattle-SeaTac line. Six stations will eventually be added to Tacoma’s separate LINK line, doubling their number of stations.
Crossposted from Transportation for America.
It’s important that communities make the best use of land around transit lines and stops, efficiently locate jobs and housing near new transit stations, and boost ridership — which can also increase the amount of money gained back at the farebox. Twenty-one communities today received a total of $19.5 million in federal grants from a new pilot program intended to do exactly that.
The Federal Transit Administration (FTA)’s Transit-Oriented Development Planning Pilot Program was one of the bright spots in MAP-21, and a priority we worked hard to see included in the final bill during those negotiations back in the summer of 2012, along with our colleagues at LOCUS, the coalition of responsible real estate investors within Smart Growth America.