A livable community has affordable and appropriate housing, supportive features and services, and adequate mobility options for people, regardless of age or ability. As communities address the general shortage of affordable housing, preserving affordable housing in transit-oriented developments (TODs) is one of the challenges that communities can address to increase their livability.
TODs are compact, walkable, mixed-use communities that are developed around high-quality public transportation. Residents often prize these places for the advantages created by the proximity to transportation and other amenities. One consequence of this desirability is that it can increase land and property values, exacerbating housing affordability challenges.
As policymakers try to extend the benefits of TODs to affordable housing locations, they must ensure that those benefits are available to people of low and moderate incomes and to those with different mobility…
What GAO Found
Characteristics of transit-oriented developments can increase nearby land and housing values, however determining transit-oriented development’s effects on the availability of affordable housing in these developments are complicated by a lack of direct research and data. Specifically, the presence of transit stations, retail, and other desirable amenities such as schools and parks generally increases land and housing values nearby. However, the extent to which land and housing values increase—or in the rare case, decrease—near a transit station depends on a number of characteristics, some of which are commonly found in transit-oriented developments. According to transit and housing stakeholders GAO spoke with, higher land and housing values have the potential to limit the availability of affordable housing near transit, but other factors—such as transit routing decisions and local commitment to affordable housing—can also affect availability.
Few local, state,…
The Bay Area is one of the most expensive and challenging housing markets in the country.1 On average, local households spend 48% of their income on housing, compared to 29% for the country as a whole, and just 12% can afford the median priced home.2 A quarter of Bay Area renters meet HUD’s definition of severely housing burdened, dedicating more than 50 percent of their income to housing.3
Anticipated growth will place even more pressure on the region’s housing market. The Association of Bay Area Governments (ABAG) projects an additional 1.9 million people and 1.6 million jobs by 2035.4 Meanwhile, new funding for transit approved by Bay Area voters will add 100 new stations, many in already built-up areas, to the region’s existing 300 rapid transit stations and transit corridors.5
Although the planned new transit facilities will help to accommodate much of the population growth, they also present a challenge. Researchers generally agree that new transit investment will…
Bay area Burden provides a comprehensive analysis of the “cost of place” in nine counties located throughout the San Francisco region by examining the costs and impacts of housing and transportation on Bay Area residents, their neighborhoods, and the environment.
The Impacts of High Housing and Transportation costs
Bay Area households spend an average of more than $28,000 annually on housing—about 39 percent of the area median income. In addition to the high cost of housing, Bay Area households spend nearly $13,400 annually on transportation. Combined, this cost burden of $41,420 per year represents 59 percent of the median household income in the Bay Area. The high combined costs of housing and transportation leave many Bay Area households with insufficient remaining income to comfortably meet their basic needs. This underscores the importance of broadening our understanding of housing affordability to consider the combined costs of housing and…
An update to “Realizing the Potential” study for the FTA and HUD, which assessed strategies to promote mixed-income housing along transit corridors in Boston, Charlotte, Minneapolis-St. Paul, Denver and Portland.
Why This BOOk?
The Importance of Locating Mixed-Income Housing Near Transit
There is a growing consensus that communities that provide housing for a mix of incomes produce better economic, social and environmental outcomes for all residents. Mixedincome housing – whether provided within a single project or a neighborhood – makes it possible for people of all incomes to live in safe neighborhoods near well-funded schools and good city services, with greater access to a wider variety of jobs and opportunities. Providing housing for a mix of incomes also allows families to continue living in the same community, even as children grow up and look for their own apartments or homes, and parents grow older and want to down-size their living arrangements.
The socio-economic diversity that mixed-income housing provides for also enhances community stability and sustainability, and ensures that low-income households are not isolated in concentrations of poverty. Just as important, we are…
Bay Area Burden provides a comprehensive analysis of the “cost of place” in nine counties located throughout the San Francisco region by examining the costs and impacts of housing and transportation on Bay Area residents, their neighborhoods, and the environment.
This report examines the impacts of residential parking requirements (the number of offstreet parking spaces mandated at a particular location) on housing affordability. Increasing parking requirements increase housing development costs, which has reduced the supply of lower priced housing and raised costs to consumer. This report does not question the need for some off-street parking. The question issue is how best to determine parking requirements and manage available parking supply. It describes more efficient and equitable strategies that support social and environmental goals.
The Platium Triangle
For over 50 years, Anaheim has been a center of activity in Orange County as the home of major destinations including Disneyland, Angel Stadium of Anaheim, the Honda Center, the Grove of Anaheim, and the Anaheim Convention Center. The City has a long history of public-private partnerships that have helped support many of these destinations. Over the last 40 years the City has successfully maintained its reputation as a destination area in the SCAG region. This case study describes the City’s vision of The Platinum Triangle as the next step in this rich planning history.
The City of Anaheim was founded in the mid 19th Century, although its major growth spurt occurred during the postwar industrial boom that swept Los Angeles in the 1950’s. Anaheim was quickly transformed from an agricultural town to a large residential suburb offering homes to the region’s workers, reaching over 100,000 residents by 1960.
The City’s major economic growth…