New York demonstrates how pension funds can be a major source of financing for affordable housing.
For more than three decades, programs in New York have used public pension funds to help finance development or preservation of affordable housing. Earlier this year, two community development corporations issued bonds, with much of the investment coming from private pension funds and mutual funds, to finance affordable housing.
Considering the $27 trillion that is being invested on behalf of seniors, the potential nationwide to tie these investments to affordable housing is significant. Although public subsidy will still be required, and financial regulations currently limit some strategies, a number of entities are pursuing ways to leverage these dollars, according to an article by Oscar Perry Abello.
FULL STORY: There's a $27 Trillion Pot of Money to Tap for Affordable Housing
What ‘The Brutalist’ Teaches Us About Modern Cities
How architecture and urban landscapes reflect the trauma and dysfunction of the post-war experience.
‘Complete Streets’ Webpage Deleted in Federal Purge
Basic resources and information on building bike lanes and sidewalks, formerly housed on the government’s Complete Streets website, are now gone.
The VW Bus is Back — Now as an Electric Minivan
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Study: London ULEZ Rapidly Cleaning up Air Pollution
Expanding the city’s ultra low-emission zone has resulted in dramatic drops in particle emissions in inner and outer London.
Spring Spectacle: Thousands of Tulips Bloom at One of LA’s Top Gardens
Descanso Gardens, one of Los Angeles County’s most beloved botanical destinations, is welcoming spring with 35,000 tulips in bloom, creating a breathtaking seasonal display expected to peak in late March.
Ratepayers Could Be on the Hook for Data Centers’ Energy Use
Without regulatory changes, data centers’ high demand for energy would be subsidized by taxpayers, according to a new study.
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.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
City of Albany
UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research