More evidence that parking flexibility is key to housing abundance.

Making parking fully flexible could unlock more new homes than other land use reforms combined, according to new research out of Colorado that modeled how multiple policies would impact economic feasibility for new housing projects.
The findings add to a growing body of evidence that making off-street parking optional is a small policy change that can lead to an abundance of new homes. Even though all the buildings modeled in the analysis voluntarily included parking, allowing homebuilders to create less parking made the biggest difference. In fact, building at lower home-to-parking-space ratios than what Colorado cities currently require could result in 40 to 70 percent more homes than are feasible to build today, the study found.

“Requiring more parking than the market demands leads to inefficient outcomes,” researcher Ian Carlton explained. “Excess parking takes up space in buildings that could otherwise be housing, adds costs that are seldom offset by revenues, and can determine whether certain types of housing projects fit on sites of various sizes. [Real estate modeling group] MapCraft’s pro forma evaluations capture all three of these factors.”
Compared to other zoning reforms such as legalizing ADUs or increasing building heights near transit, parking reform proved to be two to three times more effective at boosting housing supply.
FULL STORY: Parking Reform Alone Can Boost Homebuilding by 40 to 70 Percent

Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Ken Jennings Launches Transit Web Series
The Jeopardy champ wants you to ride public transit.

California Invests Additional $5M in Electric School Buses
The state wants to electrify all of its school bus fleets by 2035.

Austin Launches $2M Homelessness Prevention Fund
A new grant program from the city’s Homeless Strategy Office will fund rental assistance and supportive services.

Alabama School Forestry Initiative Brings Trees to Schoolyards
Trees can improve physical and mental health for students and commnity members.
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