Affordable Housing, Announcements, Community Development

FTA Open to Comment about Proposed Rule Regarding Affordable Housing and Transit

 

The Federal Transit Administration (FTA) released a proposed rule and policy guidance for the Major Capital Investments Program, otherwise known as New Starts/Small Starts. The proposed rule (49 CFR Part 611: RIN 2132-AB02) would require new federal transit projects to include investments and policies designed to preserve and develop affordable housing near transit in their evaluation criteria.

The FTA is accepting comments on the proposed rule and policy guidance through March 26. 

For more information click here
For the full text of the proposed rule and directions on how to submit comments, click here
For the full text of the policy guidance and directions on how to submit comments, click here

 
 

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