As expected, President Trump used his first State of the Union Address Tuesday night as an opportunity to discuss infrastructure. The speech was light on specifics, though the Washington Post and other outlets continue to report that the White House is preparing a full plan to be released in a few weeks.
State of the Union
Last night, President Trump delivered his first State of the Union address. In response, Christopher Coes, Director of LOCUS and Vice President for Real Estate Policy and External Affairs at Smart Growth America, issued the following statement…
In reaction to President Barack Obama’s 2015 State of the Union address, LOCUS: Responsible Real Estate Developers and Investors Director Christopher Coes issued the following statement:
“We applaud the President for recognizing the need to address comprehensive tax reform and invest America’s transportation and infrastructure now. Today, Americans are voting with their feet by seeking out neighborhoods that are walkable, economically accessible and culturally vibrant. Many, however, are feeling the squeeze in their search for affordable housing and transportation options in great, walkable neighborhoods.
The following is a statement from Smart Growth America President and CEO Geoffrey Anderson in response to President Obama’s State of the Union address, February 12:
‘Stronger families. Stronger communities. Stronger America.’ In his State of the Union speech on Tuesday, President Obama described a shared national prosperity built on a thriving middle class and which has always been the source of our progress at home.
In order to achieve this prosperity, the United States must invest in its communities. Now is the time for bipartisan leadership on the issues that will ensure the long-term prosperity of the United States’ towns and cities. Many of the issues President Obama discussed on Tuesday are part of this work.
I was pleased to hear President Obama speak confidently about the chances for tax legislation this year. Part of bipartisan tax reform must include a review of America’s real estate spending to make sure taxpayers get the most for this investment. Smart Growth America recently released a report detailing the $450 billion in programs and line-items affecting our real estate market. That spending and commitments has a dramatic effect on how towns and cities get built, as well as their economic potential and fiscal resiliency.
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.
SGA in the News:
Anderson: Address the Housing Crisis’s Underlying Issues
Roll Call – January 25, 2012
In rebuilding our economy, lawmakers and the administration must take a concerted look at where America is going, with market demand and community support as the key indicators. Comprehensive housing and real estate finance policy change is the only solution that will promote economic recovery and enable the creation of great neighborhoods nationwide.