Government: Consider Affordable Housing When Funding Transportation
A number of factors come into play when the federal government decides which local mass transit projects will get funding. The environmental impact. Efficiency. Now the U.S. Department of Transportation wants to add “social equity” to the list.
“Social equity” refers to a number of things, including affordable housing, job creation and general socioeconomic well-being of communities. The proposed change is quite interesting, given that critics of mass transit projects have charged that they bring on gentrification, push out low-income residents and hurt existing businesses (although that’s not always the case).
- Source: Businessweek
