“It may seem less expensive on the periphery, but [buying a house there] has proved to be a far more expensive decision,” said Ron Sims, deputy secretary of HUD. “This report demands that we address the issue of transportation costs and the built environment so people can make better decisions about where they live.”
New Urban News discusses the new Housing and Transportation Affordability Index and we this it is essential for use in all of our cities. During times when most Americans are struggling, it is up to innovative developers and organizers, both private and public to think about the future. Tools like the H+T Affordability Index and other resources are allowing us to define new spaces and refine our boundaries that will drive our communities forward.
We strongly encourage you to look at The Index
Check out the entire piece here