Friday, May 2, 2008

NEW WEBSITE SHOWS IMPACT OF TRANSPORTATION ON HOUSING COSTS

A new interactive mapping website launched by the Center for Neighborhood Technology in partnership with The Brookings Institution shows how affordability changes from neighborhood to neighborhood based on housing and transportation. It is a map-based tool offering information on housing and transportation costs for 52 metropolitan areas, including Miami-Fort Lauderdale, Tampa-St. Petersburg-Clearwater, and West Palm Beach-Boca Raton areas. The tool looks at housing and transportation costs as a percentage of income, with an affordability goal of housing and transportation between 0-45% of area median income. The website can be found at http://htaindex.cnt.org/.