The effect that state and federal housing policies have on vehicle miles of travel.
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2016-11-07
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Abstract:This report examines the ability of existing and proposed affordable housing policies to align ; with sustainable transportation goals in California. First, we compare the ability of Low Income ; Housing Tax Credit (LIHTC) and Redevelopment funded projects to locate in neighborhoods ; with transit access to employment versus market rate production in the same period. We find ; tax credit funded units outperform market rate production with respect to job accessibility via ; transit, and we attribute this to the scoring criteria of California’s tax credit allocating body, the ; Tax Credit Allocation Committee (TCAC). However, we find this may have come at the cost of ; concentrating new affordable housing in areas with higher poverty rates. At the federal level, ; we measure how a change in the determination of maximum payouts for Section 8 housing ; vouchers, known as Fair Market Rents (FMRs), alters the ability of voucher holders to access ; transit and jobs rich neighborhoods. The results show that changing to “Small Area” FMRs, ; which are determined at the ZIP code scale, dramatically improves voucher holders’ access to ; jobs rich neighborhoods, but at the cost of nearly eliminating voucher accessibility in ; neighborhoods that are currently accessible. And finally, at the state level, an analysis is ; conducted to determine if California’s emphasis on promoting affordable housing in transit and ; jobs rich neighborhoods is increasing the cost of affordable housing development. The ; modeling results indicate that affordable housing near transit stops is not significantly more ; expensive, but that costs increase slightly for projects in jobs rich neighborhoods. Participation ; in the state’s Transit Oriented Development (TOD) housing program does not significantly ; impact costs. The results of this research are intended to inform policy makers at every level of ; government on how best to continue to integrate transportation and housing policies without ; sacrificing the primary purpose of our affordable housing policies: to house people.
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Main Document Checksum:urn:sha256:1dc8c104ae33573b81d72ee2bde7724533b7111818079bb2cb2993080c829960