Smart growth news – February 1, 2012

National News:

Transportation bill throws bones to GOP base
Politico – January 31, 2012

No earmarks, drilling in the Arctic National Wildlife Refuge, cutting Amtrak’s budget, forcing approval of the Keystone XL pipeline and ending mandatory spending on bicycle and pedestrian paths — what’s a diehard Republican not to like?

LaHood announces fourth-round funding of TIGER program
Jacksonville Business Journal – January 31, 2012

The next round of TIGER funding, called TIGER 2012, will make $500 million available for surface transportation projects having a significant impact on the nation, a metropolitan area or region.

Obama to Detail Housing Refinance Plan
Time – February 1, 2012

Obama on Wednesday was to draw attention to a proposal he outlined in his State of the Union address to allow homeowners with privately held mortgages to take advantage of record low rates, for an annual savings of about $3,000 for the average borrower. Obama was detailing his plan during a visit to a northern Virginia community center.

Chart of the Day: A Nation of Renters
The Atlantic Cities – January 31, 2012

Renting is on the rise – the number of housing units occupied by renters rose by 749,000 in the last quarter of 2011, according to the Commerce Department. According to this graphic, renters have surpassed buyers. Home ownership rates are also falling, at its lowest level since 1998.

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