Community Developments: New Reports on Navigating Federal Transportation Policy to Promote eTOD + Federal Resiliency Policy
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- Federal transportation policies and programs can have a significant impact on the creation of local equitable transit-oriented development (eTOD), including but not limited to providing funding and technical assistance that can support eTOD and enabling affordable housing development on property with federal interest. Today the Enterprise Policy Development & Research Department released a new report, Promoting Opportunity through Equitable Transit-Oriented Development (eTOD): Navigating Federal Transportation Policy, which provides stakeholders involved in achieving eTOD guidance on understanding and benefitting from federal transportation policies and programs. Learn more about the report in Enterprise’s blog post and join Enterprise Community Partners on Tuesday, March 20 at 2 p.m. ET today for a webinar on “Navigating Federal Transportation Policy to Promote eTOD.” The webinar will feature Ahmad Abu-Khalaf of Enterprise, Christopher Coes of Smart Growth America and Jenna Hornstock of Los Angeles County Metropolitan Transportation Authority. Register here for the webinar.
- Today 100 Resilient Cities, pioneered by the Rockefeller Foundation, released a report, Safer and Stronger Cities: Strategies for Advocating for Federal Resiliency Policy. It was prepared by Enterprise Community Partners in collaboration with Climate Resilience Consulting, Georgetown Climate Center and HR&A Advisors. This report offers a menu of federal policy recommendations that would help cities become more resilient in the face of changing conditions, focusing on infrastructure, housing, flood insurance, economic development, and public safety. These recommendations provide a framework for cities and their champions to advocate for a collective federal resilience agenda. Read the report on the Enterprise website.
- Deadlines are approaching for U.S. Representatives to sign onto “Dear Colleague” letters in support of the Section 4 Capacity Building for Affordable Housing and Community Development Program, the Community Development Financial Institutions (CDFI) programs, and United States Department of Agriculture (USDA) Rural Housing programs. Enterprise encourages housing and community development advocates to reach out to their Representatives and urge them to sign the following letters:
- Rep. Elizabeth Esty (D-CT) and Rep. John Faso (R-NY) are co-sponsoring a “Dear Colleague” letter urging the House THUD Appropriations Subcommittee to fund the Section 4 Program at $40 million in FY 2019. The deadline for House offices to sign on has been extended to COB tomorrow, Thursday, March 15. House offices can sign on by contacting Matthew Colvin in Rep. Esty’s office at email@example.com or Remy Fortin in Rep. Faso's office at Remy.Fortin@mail.house.gov.
- Representatives Carolyn B. Maloney (D-NY), Don Young (R-AK) and Barbara Lee (D-CA) are circulating a “Dear Colleague” letter urging the Financial Services and General Government Appropriations Subcommittee to provide at least $248 million for the CDFI Fund programs in FY 2019 appropriations. The deadline for House offices to sign the letter is COB tomorrow, Thursday, March 15.
- Representatives Sean Duffy (R-WI) and Jim Costa (D-CA) are circulating a “Dear Colleague” letter urging the House Appropriations Subcommittee on Agriculture, Rural Development, Food and Drug Administration, and Related Agencies to request adequate funding for USDA Rural Housing programs, including the Mutual Self-Help Program, Section 502 Direct Loans homeownership loans, rental assistance, new multi-family construction and preservation, and farmworker housing. The deadline to sign on has been extended to 12 P.M. tomorrow, Thursday, March 15. House offices can sign on by contacting Ryan McCormack in Rep. Duffy’s office at Ryan.McCormack@mail.house.gov or Ben Goldeen in Rep. Costa’s office at Ben.Goldeen@mail.house.gov.
- The U.S. Senate is considering legislation that would revise key parts of The Dodd-Frank Wall Street Reform and Consumer Protection Act. Consumer protection and fair housing advocates argue that bill (S. 2155) would increase the chances of a government bailout during the next financial crisis and weaken consumer protections. The bill includes controversial provisions, including amendments that would: exempt 85 percent of depositories from Home Mortgage Disclosure Act (HMDA) reporting requirements – they would no longer be required to report the race, sex or credit scores of applicants and that could increase discriminatory lending; give manufactured-home retailers the ability to make financing recommendations, which could lead to lending abuses; and grant Qualified Mortgage (QM) status to loans in the portfolios of banks and credit unions with less than $10 billion of assets, which could be a return to making bad loans. (American Banker, March 13) A group of advocates are circulating a sign on letter urging the U.S. Senate to oppose this legislation.
In Case You Missed It
- Yesterday the National Low Income Housing Coalition (NLIHC) released a report, The Gap: A Shortage of Affordable Homes, which finds a national shortage of 7.2 million affordable and available rental homes for extremely low income (ELI) renter households – those earning up to 30 percent of their area median income. The report also shows that there are only 35 affordable and available units for every 100 ELI renter households nationwide and that 71 percent of ELI renter households are severely housing cost-burdened – that is, they spend more than half of their income on housing. (NLIHC, March 13)
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