Monday, July 26, 2010

Housing/Transportation Index Bill Introduced by Blumenauer.

Representative Earl Blumenauer (D-OR) introduced H.R. 5824, the Transportation and Housing Affordability Transparency Act, or “THAT Act,” on July 22. The act would require the HUD Secretary to create a transportation affordability index designed to provide information about the transportation costs associated with housing in various communities. The index would offer families more complete information on what costs are likely to be associated with a particular home choice, while providing policymakers with additional factors to use in setting local policy. NLIHC supports this bill.
The bill, which has eight cosponsors, was referred to the Committee on Financial Services.
Originally created and posted on the Oregon Housing Blog.

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