|
News Headlines |
|
New Calculator Helps Users Make Informed Decisions |
U.S. Secretary of Transportation Anthony Foxx and Housing and Urban Development Secretary Shaun Donovan unveiled a cost calculation tool that will allow users to estimate transportation and housing costs for neighborhoods across the country.
The Location Affordability Portal (LAP) will help consumers better understand the combined costs of housing and transportation associated with living in a specific region, street, or neighborhood.
“Transportation and housing are usually the two biggest expenses a family faces,” Foxx said. “Now, hardworking families all across the country can make better informed decisions about where to live and work, including how their different transportation options may impact those choices.”
The LAP hosts two cutting-edge data tools: the Location Affordability Index (LAI) and My Transportation Cost Calculator (MTCC). The map-based LAI is a database of predicted annual housing and transportation costs for a particular area. The LAI includes diverse household profiles—which vary by income, size, and number of commuters—and shows the affordability landscape for each one across an entire region.
It was designed to help renters and homeowners, as well as planners, policymakers, developers, and researchers get a more complete understanding of the costs of living in a location given the differences among households, neighborhoods, and regions. The data cover 94 percent of the U.S. population.
The portal is available at www.hud.gov/locationaffordability. |
|
|
|
CLASSIFIEDS |
» The Delaware Transit Corporation seeks a chief executive officer. |
» The Toronto Transit Commission has an opening for a chief operating officer. |
View more Classified Ads » |
|
TO PLACE AN AD: E-mail or fax the requested date(s) of publication to: ptads@apta.com or FAX to (202) 496-4898. Mailing address is: Passenger Transport, 1666 K Street, NW, Washington, DC 20006.
Ad copy is not accepted by phone. DEADLINE: Noon, Monday, one week prior to publication date. INFORMATION: Phone (202) 496-4877. |
|