Development
Basics
Home Builders Net More Than $2.6B From Tax Break in Stimulus Law
The home-building industry scored a big win last year when Congress voted to double the tax credit for new home buyers and extend the break until next month. But that's not the only legislative move that's leaving smiles on home builders' faces.
March 24, 2010
Report: Real Estate Interests Spent $5.5M on Transport Lobbying in 2009
In the debate over how -- and whether -- to set measurable performance standards for determining where federal transportation money gets spent, real estate developers are a quiet but powerful player. In a report released today, the Center for Public Integrity (CPI) tracked the broad reach of land-use interests and found more than 100 groups spending $5.5 million on transport lobbying last year.
March 11, 2010
Dodd Vows to Pass Livability Bill Amid Skepticism From Rural Senators
Even as the Obama administration ramps up its work on a sustainability initiative that treats transportation, housing, and energy efficiency as interconnected aspects of development policy, the effort remains without an official congressional authorization -- a situation that Senate Banking Committee Chairman Chris Dodd (D-CT) vowed to fix yesterday.
March 9, 2010
A Modest Proposal: Ask Developers to Help Pay For Better Transport
At today's debate on conservative support for transit, developer Chris Leinberger had a modest proposal for lawmakers who are desperately seeking new transportation financing strategies in an era of diminishing gas tax returns: Ask real-estate developers to pay for projects that will increase their profits.
February 2, 2010
The Urbanist Case Against Fannie Mae and Freddie Mac
The Congress for the New Urbanism (CNU), an advocacy group working to reform local development practices, is seizing on House Financial Services Committee Chairman Barney Frank's (D-MA) recent call for a new system of housing finance to replace government-controlled Fannie Mae and Freddie Mac.
January 29, 2010
New Report Links Homeowners’ Auto Dependence With Foreclosure Risk
Homeowners in car-dependent areas without access to alternative transportation are at greater risk of foreclosure, according to a report released yesterday by the Natural Resources Defense Council (NRDC) that calls for mortgage underwriting standards to begin taking so-called "location-efficiency" into account.
January 28, 2010
A Common Thread in the Home Buyer’s Tax Credit and ‘Cash for Clunkers’
Back in the days of "cash for clunkers," which saw the Obama administration send nearly $3 billion in taxpayer-funded rebates to boost the sagging auto industry, our Ryan Avent and several other economics wonks pointed out an inconvenient fact: Many participants in the program would have bought cars anyway, and the rebates only pulled their purchases forward in time.
January 20, 2010
Should a Climate Bill Even Try to Fight Sprawl?
The potential for a cap-and-trade climate bill to set aside significant amounts of money for reforming local land use and transportation planning is often touted by Democrats, environmental groups, and this particular Streetsblogger.
January 11, 2010
Just How Regressive is America’s Federal Housing Policy?
(ed. note. Please welcome contributor Chris Bradford, author of the economics blog Austin Contrarian.)
November 20, 2009
Congress Set to Double the Size of Sprawl-Centric Home Buyer’s Tax Credit
The $8,000 tax credit for new home buyers -- which was wracked by fraudulent claims after its creation as part of the nation's economic recovery effort -- is on the verge of a significant expansion by Congress.
November 4, 2009