Author: Alex Dodds

Smart Growth Stories: Mayor Marilyn Strickland on development in Tacoma, WA

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Tacoma, WA Mayor Marilyn Strickland considers her city “the best kept secret in Washington State,” and smart growth strategies are helping make the city an even better place to live and work.

“Tacoma kind of got bypassed during the whole urban renewal phase of the late 60s and 70s, so as a result a lot of historic property did not get razed,” Strickland says. “So we have this beautiful stock of old warehouses and historic property.”

Local Leaders Council

Taking a close look at the federal government’s spending on real estate

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The following post was crossposted on the U.S. Green Building Council’s blog.

The biggest real estate investor in the United States isn’t Donald Trump, and it’s not a private equity firm.

Spending or committing roughly $450 billion a year, the federal government is by far and away the largest investor in real estate in the country. This spending spans 50 federal programs at half a dozen agencies, and includes everything from loans and loan guarantees to tax credits to low-income housing grants. If you include the quasi-governmental enterprises Fannie Mae and Freddie Mac, the amount of money the government spends each year on real estate is even larger.

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Smart Growth Stories: Mayor Rick Danner leads by example in Greer, SC

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Since the early 1990′s, the city of Greer, SC has tripled in population and quadrupled in size. Mayor Rick Danner has been there for much of this change.

“We were growing at such a rapid rate that we were losing our sense of community, that small town feel,” Danner says in an interview with Smart Growth America. “And there was an overwhelming desire to be able to retain this sense of uniqueness that comes with the feel of a small town regardless of what size it is or population that it is. And we knew that the heart of that was going to be the downtown area.”

Local Leaders Council

Winchester, CT residents to discuss economic development, fiscal health at workshop next week

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Main Street/Downtown Winchester. Photo by the Town of Winchester.

Next week Smart Growth America is headed to Winchester, Connecticut to talk with residents and town officials about how the city can revitalize its downtown and attract economic growth.

“The redevelopment of Winsted has been a historic struggle,” says Winchester Town Manager Dale Martin. “Although several efforts have been taken to envision a revitalized downtown, those well-intentioned attempts failed to revitalize the commercial center as hoped. With the economic upheaval of the past several years, many of the foundations upon which those earlier studies were based have been undermined. The interest and experience of Smart Growth America presents an exciting opportunity to re-shape the future of Winsted, using principles and techniques that have been proven successful elsewhere.”

Technical assistance

Smart growth and the State of the Union

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In advance of President Obama’s State of the Union address tonight, we’re taking a look at the state of the administration’s work on development in the United States.

2012 saw a number of stellar advancements in federal policies that coordinate land use, housing and transportation. A number of federal programs as well as improvements to existing ones are helping communities across the country develop in ways that are cost efficient and promote broader economic growth.

The ongoing work of the Partnership for Sustainable Communities is the foremost example of this. The Partnership is an innovative program that helps communities more effectively coordinate federal housing, transportation, water, and other infrastructure investments. This work helps make neighborhoods more economically resilient, allows people to live closer to jobs, saves households time and money, and supports municipal budgets.

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Join us next week for "The Next Generation of Transit: the key to Montgomery’s green future"

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Join Smart Growth America’s President Geoff Anderson, the Coalition for Smarter Growth and the Montgomery County Sierra Club next week for a panel and discussion about transit, bicycle, pedestrian, and smart growth solutions in Montgomery County, MD. Get the latest updates on Montgomery transit projects and join fellow advocates for discussion about smart growth issues in the county.

When: Wednesday, February 13, 2013
6:00-8:00 PM
Where: Silver Spring Civic Center,
One Veterans Place, Silver Spring, MD 20910
RSVP: Click here to register for this free event.
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A call for examination of federal real estate programs

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The following post originally appeared on the National Low Income Housing Coalition blog.

The home mortgage interest deduction turns 100 years old this year. Is it still doing the most it can for American families and taxpayers?

Smart Growth America recently examined the federal government’s involvement in the real estate market and its impact on homeowners, renters and communities across the country. The new report, Federal Involvement in Real Estate: A call for examination, surveys 50 federal real estate programs to better understand where this money goes and how it influences development in the United States. The spending examined in the report’s analysis includes tax expenditures, loan guarantees, and low-interest loans and grants – totaling $2.23 billion in federal spending over the five year study period.

This involvement has an enormous impact on the U.S. real estate market, and even a cursory analysis reveals this impact is uneven. Outdated programs and lack of coordination across agencies contribute to this imbalance, the report explains. As a result, many federal programs are not targeted to those most in need, are not targeted to strengthen existing communities and are not targeted to create more places with economic opportunities.

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Roundtable series in six cities this spring will discuss federal real estate issues and their solutions

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LOCUS members at 2012’s Leadership Summit.

LOCUS: Responsible Real Estate Developers and Investors is proud to announce a new series of industry roundtable discussions about improving the federal government’s role in today’s real estate market.

The discussion series will gather leading real estate developers and investors from across the country to address the federal government’s role in real estate, and create solutions to align federal involvement in real estate to better support walkable development across America.

LOCUS

Have you asked Congress to rethink real estate?

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Most Americans don’t know that the government spends $450 billion each year on real estate. And few – if any – know the full impact of these expenditures.

Join the call to examine this spending. Sign our petition calling on Congress to take action.

Sign the petition
What type of development does $450 billion a year support? Ask Congress to investigate.
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