The real estate industry is failing to fully address persistent segregation by race and income, pent-up demand for more attainable housing, destabilized regional housing markets fueled by climate change, and other converging trends. It’s time for a real estate reset.
With investments from the Opportunity Zone tax incentive flowing into these newly designated zones for a few years now, our new report sought to find out: Are these investments supporting small business stability and growth, achieving the stated goal of place-based economic development and job creation in distressed communities? If not, why not? And what are the risks and rewards specifically for minority-owned legacy businesses within Opportunity Zones?
![Adam E. Moreira [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0/)]](https://smartgrowthamerica.org/wp-content/uploads/2019/08/RedLineCharlesMGH-1024x768.jpg)
LOCUS Massachusetts supports Governor Charlie Baker’s continued leadership on the Transportation and Climate Initiative (TCI).
Opportunity Rising, last week’s LOCUS National Leadership Summit in Arlington, VA, was a vital gathering, uniting responsible real estate developers and investors with local elected officials and transportation and land-use planners. During the wide range of workshops, panels and sessions, Smart Growth America staff absorbed a few important themes and ideas. Here are seven.
Michigan is going through an urban transformation that’s making the region more walkable—and we are bringing together the people making it happen. Join LOCUS, the Michigan Municipal League, and the Michigan Economic Development Corporation on May 2, 10:00 – 11:30 a.m. EDT to learn more about the real estate market, the Redevelopment Ready Communities® (RRC), and opportunities for … Continued
Photo credit: Doug Kerr via Flickr The Hartford Line commuter rail, which is slated to begin service in spring 2018, will bring more frequent and reliable train service to the rest of the northeast and create a wealth of new opportunities for developers and investors to reinvigorate neighboring towns along the new line as walkable, … Continued
New York is the densest and most walkable city in the country. But just a few, relatively small walkable urban places—or WalkUPs—are responsible for an outsize percentage of the region’s population, employment, and GDP.
How do these WalkUps compare economically and socially to the region’s drivable suburban communities? What challenges will New York’s WalkUPs likely face over the next 20 years, and what can policymakers do to address them?
On April 4, 2017, the George Washington University’s Center for Real Estate and Urban Analysis (CREUA) will answer these questions when they release The WalkUP Wake UP Call: Metro New York City. The report will include for the very first time a nearly 100 percent census of all real estate in the New York metro area as well as an analysis of growth trends in the region.
Smart Growth America and its coalition of real estate developers and investors LOCUS, which represents private-sector development interests from across the United States, present a series of reforms to federal real estate programs. Taken together, these reforms could save the federal government an estimated $33 billion per year while updating outdated programs to achieve better … Continued
As demand for walkable urban places rises across the country, real estate developers and investors are looking for ways to finance these complex projects. State and federal programs can help but understanding them all can be tough. A new resource from LOCUS provides an overview of these programs and what they can do.
The LOCUS Federal Financing Toolkit is a guide to over 40 federal financing opportunities, designed to help real estate developers and investors as well as local elected officials take advantage of these programs. The toolkit provides an overview and analysis of programs at over a dozen federal agencies, designed to support new projects related to Brownfields, Community Development, Pollution and the Environment, Housing, Transit and Transportation, and Food Access.
This week, more than 200 real estate developers and local elected officials convened at the One Woodward Building in downtown Detroit for the first-ever LOCUS Michigan Leadership Summit: Closing the next [Smart Growth] Deal. Attendees represented the private, public, and non-profit sectors, and brought regional perspectives to the table.