"The Build More Housing Near Transit Act was introduced by by Rep. Scott Peters (D-California) in July, but quickly gained bipartisan support in both chambers of Congress proving that the need for housing and transit reform can transcend red versus blue and urban versus suburban dichotomies. The clearest way out of our national housing shortage is by building more housing, said Sen. Brian Schatz (D-Hawaii), a cosponsor, in a release."
"While this law would encourage housing construction across the nation, it would preserve state and local flexibility by allowing communities to define what transit-oriented development means to them. In one state, for instance, that might mean building affordable units, while in another, it might mean converting public property to housing, eliminating or reducing parking and lot size minimums, eliminating or raising building height limits, or making development approvals that meet requirements as by-right."
Congressional action would prioritize competitively awarded federal transit funding for projects that include pro-housing plans along transit corridors. The measure is included within the ROAD to Housing Act and the National Defense Authorization Act, aiming to maximize limited housing dollars by building a nearby transit ridership base for new federal housing investments. The proposal gained bipartisan support in both chambers of Congress. The approach incentivizes cities and towns to build housing when expanding or redeveloping public transit systems. The policy preserves state and local flexibility by allowing communities to define transit-oriented development, including affordable units, converting public property, adjusting parking and lot minimums, or changing height and approval rules.
Read at usa.streetsblog.org
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