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Overnight Open Thread

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Gus8/05/2010 10:05:10 am PDT

re: #362 tnguitarist

Sounds like they’re putting words in his mouth to me,

It’s basically a grant program for cities and towns. All they have to do is submit a grant proposal that closely adheres to the principles of HUD’s Office of Sustainable Housing and Communities and they are eligible to receive Federal funding. It’s also voluntary. A community, town or city doesn’t have to apply for these grants. The text can be found at the bottom of the page here. Or the summary:

8/6/2009—Introduced.

Livable Communities Act of 2009 - Establishes in the Department of Housing and Urban Development (HUD) an Office of Sustainable Housing and Communities (OSHC). Establishes in the executive branch an independent Interagency Council on Sustainable Communities. Requires the OSHC Director to establish a program to make comprehensive planning grants and sustainability challenge grants to eligible entities (partnerships between a consortium of units of general local government and an eligible partner, which may be a metropolitan planning organization, a rural planning organization, a regional council, or a state). Requires the use of a comprehensive planning grant to carry out a project to: (1) coordinate land use, housing, transportation, and infrastructure planning processes across jurisdictions and agencies; (2) identify potential regional partnerships for developing and implementing a comprehensive regional plan; (3) conduct or update housing, infrastructure, transportation, energy, and environmental assessments to determine regional needs and promote sustainable development; (4) develop or update a comprehensive regional plan or goals and strategies to implement an existing comprehensive regional plan; and (5) implement local zoning and other code changes necessary to implement a comprehensive regional plan and promote sustainable development.

Requires the use of a sustainability challenge grant to: (1) promote integrated transportation, housing, energy, and economic development activities carried out across policy and governmental jurisdictions; (2) promote sustainable and location-efficient development; and (3) implement projects identified in a comprehensive regional plan. Directs the OSHC Director to study and report to specified congressional committees on incentives for encouraging lenders to make, and homebuyers and homeowners to participate in, energy-efficient mortgages and location-efficient mortgages.

As is usual with these programs real estate developers and construction firms stand to make a profit from these types of grants.