Today, the Senate Committee on Commerce, Science, and Transportation unanimously approved the Railroad Reform, Enhancement, and Efficiency Act (S. 1626). The bill expands the capabilities of the Railroad Rehabilitation and Improvement Financing (RRIF), a $30 billion loan program to provide needed financing for transit-oriented development infrastructure and development projects near passenger rail stations.
Today, the Senate Environment & Public Works Committee unanimously approved its six-year, $275 billion transportation reauthorization bill, the Developing a Reliable and Innovative Vision for the Economy (DRIVE) Act. LOCUS Director Christopher Coes made the following statement: “The Senate took an important first step towards passing vital transportation and infrastructure legislation that will increase private … Continued
Walkable real estate development projects and places are on the rise nationwide. LOCUS has looked at how these trends are playing out in Atlanta, Washington, DC, and Boston. Today, we’re excited to unveil the fourth report in our WalkUP Wake-Up Call series.
The WalkUP Wake-Up Call: Michigan Metros looks at development in seven Michigan metropolitan areas: Detroit-Ann Arbor, Grand Rapids-Muskegon-Holland, Lansing, Jackson, Kalamazoo-Battle Creek, Saginaw-Bay City-Midland, and Flint. Our analysis of these areas finds that in the most recent real estate cycle, 22 percent of all new income property development located in the 2.7 percent of land that is walkable urban. This share of new development is up from only 6 percent in the 1990s real estate cycle and 12 percent from the 2001-2008 cycle.
Congratulations to this year’s LOCUS Michigan Leadership Award winners, Bernie Glieberman, HRS Communities and the Gillespie Group, LLC for their exemplary leadership on smart growth development issues.
On June 23, LOCUS will unveil a new analysis of which walkable urban places—or “walkUPs”—are changing the real estate landscape in seven metropolitan areas in Michigan.
The LOCUS Michigan Leadership Summit: Closing the Next [Smart Growth] Deal, occurring June 23 in Detroit, will host over 135 real estate developers and local elected officials to share and discuss new opportunities in smart growth development and advance walkable urban communities across Michigan. LOCUS is excited to introduce our lineup of speakers who will be featured at the event: Geoff … Continued
Today the House of Representatives will continue consideration of its Fiscal Year (FY) 2016 Transportation, Housing, and Urban Development (THUD) appropriations bill, which will set funding levels for nearly all federal housing and transportation programs in the coming year.
The House’s current version of the bill would slash funding for many of these programs, including grants and technical assistance programs at the U.S. Department of Transportation (USDOT) and U.S. Department of Housing and Urban Development (HUD). Specifically, the bill:
The bill does maintain funding levels for HUD’s Community Development Block Grant program at $3 billion.
Members of the House will consider this bill later today, so now is the time to voice your support for these important programs. Send a letter to your Representative today >>
These programs help Americans live in safe, affordable homes in convenient neighborhoods with transportation choices. That’s important for families and it’s crucial for our economy. Tell your Representative not to cut these important programs.
Transportation Secretary Anthony Foxx addresses the audience at the 2015 LOCUS Leadership Summit.
The fourth annual LOCUS Leadership Summit convened earlier this week at the Carnegie Library in Washington, DC, bringing together 130 real estate developers and local elected officials from around the country. Attendees discussed and debated with the brightest minds in real estate, discovering private sector tools and strategies to combat the affordability and social equity crisis.
Since 2012, LOCUS has presented the national LOCUS Leadership Awards to developers and investors who have demonstrated exemplary commitment to public leadership, smart growth development, and furthering LOCUS’ mission.
This year, we received a record-breaking number of nominations from all over the country, and our decision was more difficult than ever before. That said, we are pleased to announce the following winners of the 2015 LOCUS Leadership Awards.
It’s Infrastructure Week here in Washington, and everyone inside the Beltway is talking about the benefits of investments in roads, bridges, and transit. In two weeks, as part of the 2015 LOCUS Leadership Summit, we’ll hold three walking tours that showcase neighborhoods transformed by investments in infrastructure—and you’re invited to join us.
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H Street NE One of the Washington, DC’s most historic neighborhoods, H Street has been home to legendary performance venues such as the Atlas Theatre and the H Street Playhouse. Now the center of a redevelopment renaissance—including construction of a new streetcar line—H Street NE is fighting to maintain affordability for residents both old and new. |
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Brookland This once-small neighborhood has grown steadily over the last few decades, and more recently boomed with the construction of large mixed-use development project, Monroe Street Market, one of the most prominent examples of transit-oriented development in the DC metro area. |
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Tysons, VA Once an “edge city” of primarily office and retail space, Tysons has taken a leap into new residential and commercial markets. The Silver Line, Metro’s most recent addition to its system, has garnered interest in mixed-use development and walkability in Tysons. Explore the newest investments toward this goal, including the Greensboro Park Place. |