Facing budget and pension fund shortfalls of hundreds of millions of dollars, three big city mayors have requested in a letter to Treasury Secretary Paulson that some of the federal bailout money be directed to cities.
"Three big city mayors asked the federal government Friday to use a portion of the $700 billion financial bailout to assist struggling cities.
The three mayors proposed providing loans to help cities pay pension costs. They also want $50 billion in loans for investment in infrastructure, and additional one-year loans to cities unable to borrow cash because of the tight credit markets.
The mayors - Michael Nutter of Philadelphia, Shirley Franklin of Atlanta and Phil Gordon of Phoenix - made their request in a letter to Treasury Secretary Henry Paulson."
FULL STORY: Phoenix, Philadelphia, Atlanta Mayors Want Share Of The Bailout
Manufactured Crisis: Losing the Nation’s Largest Source of Unsubsidized Affordable Housing
Manufactured housing communities have long been an affordable housing option for millions of people living in the U.S., but that affordability is disappearing rapidly. How did we get here?
Americans May Be Stuck — But Why?
Americans are moving a lot less than they once did, and that is a problem. While Yoni Applebaum, in his highly-publicized article Stuck, gets the reasons badly wrong, it's still important to ask: why are we moving so much less than before?
Research Shows More Roads = More Driving
A national study shows, once again, that increasing road supply induces additional vehicle travel, particularly over the long run.
Jane Goodall Inspires with Message of Hope, Resilience, and Environmental Action
Speaking in Pasadena, Jane Goodall offered a hopeful and inspirational message, urging global compassion, environmental responsibility, and the power of individual action to shape a better future.
Harnessing the Power of Fungi for Environmental Cleanup
Mycoremediation — the use of fungi to break down or absorb environmental pollutants — offers a promising, cost-effective, and eco-friendly alternative to conventional methods for restoring contaminated sites.
For Advice on Accessibility, Look to Iceland
Cities around the country installed over 1,700 wheelchair ramps in the last five years, thanks in part to one man’s initiative.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
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Learn the tools for implementing Universal Design in planning regulations.
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