Transportation and land use planning, as a field, is shifting away from segregated uses connected by highways and streets to more compact, mixed-use developments connected by high-quality transit. This new paradigm has brought special attention to transit-oriented developments (TOD), which are sometimes touted as being among the most affordable, efficient places to live. But how affordable are they, and who has the power to effect change?
Is Transit-Oriented Development Affordable for Low and Moderate Income Households?, a study funded by the National Institute of Transportation and Communities (NITC), examines housing costs for households living in TODs. Led by Reid Ewing of the University of Utah, the team examined the housing affordability of TODs in U.S. cities across 23 regions. Register for a February 15 webinar to learn more about the project.
The analysis of housing costs revealed a lot of variability across different regions. Of all the examined housing developments, only 16 projects/developments out of 117 across 85 TOD sites were deemed 100% "affordable" – meaning that ...Read more