More Housing Near Transit: New Construction Rules
This act aims to facilitate the construction and preservation of affordable housing near public transit hubs. It introduces incentives for local authorities that remove regulatory barriers, such as minimum parking requirements or lot sizes, potentially leading to increased housing availability and shorter commutes for citizens.
Key points
Local authorities can earn extra points for transit grants if they promote housing construction near transit facilities.
Promoted policies include reducing parking minimums, streamlining multi-family housing approvals, and increasing building height limits.
The goal is to increase the supply of housing, including affordable units, which could lower living costs and improve access to transportation.
Status:
Expired
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