Includes real estate finance and markets as well as economics and community development, from the scales of the building to the region
Moudon, Anne Vernez. (2019). Framing the Question: Is Shrinking Good or Bad? Journal Of Urban Design, 24(1), 66 – 68.
Urban Planning; Unemployment; Cost Of Living; Balance Of Trade; Medical Care; Economic Development; Demography; Decision Making; Framing
Aziz, Ahmed M. Abdel. (2021). The Practice of Roadway Safety Management in Public-Private Partnerships. Journal Of Construction Engineering And Management, 147(12).
As a matter of course, the private party in public-private partnerships (PPPs) assumes the responsibility for roadway safety management (RSM). However, because most PPPs are performance-based, public highway agencies must articulate the specifications and methods they develop to enforce RSM practices. Despite the increased interest in PPPs in recent decades, little has been published on developing and propagating the RSM practices used with this delivery system. To fill this research gap and explore RSM practices in PPPs, this work took a synthesis research approach, using content analysis to critically review and analyze 16 PPP agreements in seven states and provinces leading in PPP contracting in North America. The study discovered several methods and organized them under five mechanisms: Mechanism 1, integrating roadway safety into project performance specifications and initiating new tools such as safety compliance orders; Mechanism 2, imposing nonconformance monetary deductions based on point and classification systems; Mechanism 3, regulating safety payments on the basis of crash statistics; Mechanism 4, promoting safety initiative programs; and Mechanism 5, enforcing administrative countermeasures such as work suspension and default/termination triggers for persistent developer noncompliance. Mechanisms 1 and 5 were the default mechanisms in all toll- and availability-based projects, whereas Mechanism 2 was common in availability-only projects. The research reviewed the RSM packages in the PPP agreements, elucidating the particulars of the RSM mechanisms, highlighting RSM design considerations, presenting implementation guidelines, and articulating research needs. The research results were validated against PPP highways in five other states and provinces. This synthesis research provides highway agencies with an extensive practice review to support RSM package design for future PPP projects.
Qualitative Research; Incentives; Public-private Partnerships (ppps); Performance Specifications; Roadway Safety; Payment Mechanisms; Availability Payment; Highways
Sohn, Dong Wook; Moudon, Anne Vernez; Lee, Jeasun. (2012). The Economic Value of Walkable Neighborhoods. Urban Design International, 17(2), 115 – 128.
This study investigated how the benefits of a walkable neighborhood were reflected in the American real estate market by examining the economic values of urban environmental factors supporting walking activities. Property values were used as a proxy measure for economic value and analyzed in relation to land use characteristics that have been known to correlate with walking at the neighborhood scale. Four aspects of the built environment supporting walking were included in the analyses: development density, land use mix, public open space and pedestrian infrastructure. Hedonic models were employed where the property value was regressed on the measures of the four sets of correlates of walking in a neighborhood. Models were estimated for four land use types - single-family residential, rental multi-family residential, commercial and office. The findings did not support previous arguments that increasing density weakens the quality of a neighborhood. To the contrary, the positive association of higher development density with the value of single-family residential properties detected in King County suggested that high development density might increase surrounding property values. The pedestrian infrastructure and land use mix significantly contributed to increases in rental multi-family residential property values. Higher development density with higher street and sidewalk coverage were also favored by retail service uses. In relation to land use mix, mixing retail service uses and rental multi-family residential uses helped make rental housings more attractive. URBAN DESIGN International (2012) 17, 115-128. doi:10.1057/udi.2012.1; published online 4 April 2012
Land-use; Physical-activity; Travel Behavior; Smart Growth; Mode Choice; Urban Form; Walking; Gis; Transportation; Accessibility; Mixed Land Use; Neighborhood; Urban Design
Sun, Feiyang; Mansury, Yuri S. (2016). Economic Impact of High-Speed Rail on Household Income in China. Transportation Research Record, 2581, 71 – 78.
Although developed only in the past 20 years, Chinese high-speed rail (HSR) has overtaken many of its forerunners in its unprecedented scale. However, such a scale raises questions about its implications for regional economic development. Previous studies have discussed the impact of HSR at the regional and city levels, but few have addressed its impact on the individual level, which is crucial for understanding the distribution of the impact. To fill the gap, this study focused on the economic impact of recent HSR development between 2009 and 2012 on Chinese household income and discussed its significance, magnitude, and distribution. The survey data from the China Family Panel Survey were used and a difference-in-differences approach was implemented. Two key explanatory variables, weighted average travel time and probability of living proximate to HSR stations, were included in the models to examine the direct and spillover impacts of HSR. The study shows that these impacts both contribute to the HSR impact but affect urban and rural regions and production sectors differently. In particular, the spillover effect or the agglomeration effect contributes the most and favors more urbanized regions with stronger service sectors. As a consequence, although HSR plays a positive role in stimulating the regional economy, it may further widen the gap between developed regions and underdeveloped regions. From the analyses, it is concluded that HSR projects need more comprehensive studies of the full spectrum of its impact to ensure both economic growth and regional balance and coordination.
Reina, Vincent; Acolin, Arthur; Bostic, Raphael W. (2019). Section 8 Vouchers and Rent Limits: Do Small Area Fair Market Rent Limits Increase Access to Opportunity Neighborhoods? An Early Evaluation. Housing Policy Debate, 29(1), 44 – 61.
One critique of the U.S. Department of Housing and Urban Development (HUD)'s Housing Choice Voucher program is that its maximum rent limit is set at the metropolitan level, making more expensive neighborhoods effectively off limits to households who receive rental assistance. As a result, the design of the program limits a voucher household's access to opportunity neighborhood. In response, HUD created the Small Area Fair Market Rent (SAFMR) demonstration program, which calculates the maximum voucher rent at the zip code level so that HUD's rent limits more closely align with local neighborhood rents. In theory, this program should improve a voucher household's choice set and location outcomes. Looking at changes in the location of beneficiaries in the six sites that participated in the SAFMR demonstration program, we find a significant amount of regional variation in the results. Specifically, introduction of the SAFMR rent calculations results in voucher households living in higher opportunity neighborhoods in Dallas, Texas, in lower opportunity neighborhoods in Chattanooga, Tennessee, and mixed effects in other areas. These mixed results highlight some of the potential incremental benefits of the program and reinforce the importance of viewing this policy over a longer period of time, and in the context of other constraints voucher households face in accessing neighborhood opportunity.
Choice; Mobility; Families; Live; Section 8; Low-income Housing; Subsidized Housing; Vouchers; Neighborhood; Access; Markets; Mathematical Analysis; Federal Agencies; Urban Development; Housing; Households; Neighborhoods; Rents; Limitations; Beneficiaries; Housing Subsidies; United States--us; Dallas Texas; Chattanooga Tennessee
Born, Branden; Berney, Rachel; Baker, Olivia; Jones, Mark R.; King, Donald; Marcus, Dylan. (2021). Pushing Back on Displacement: Community-Based Redevelopment through Historically Black Churches. Societies, 11(1).
Gentrification and subsequent displacement are common problems in cities, and result in the removal of poor communities and communities of color from urban areas as they move to cheaper locations in the metropolitan region. Here we describe a community-based approach to redevelopment by historic Black churches that seeks to counter such displacement and cultural removal. We explain the history of a historically Black neighborhood in Seattle and the founding and rationale for a church-led project called the Nehemiah Initiative. Our perspective is that of participants in the work of the Nehemiah Initiative and as faculty and students from a local university partner supporting it. We conclude with policy strategies that can be used to support such redevelopment in Seattle, with understanding that some may be broadly applicable to other cities.
Black Churches; Community Based; Displacement; Equitable Development; Faith Based; Gentrification; Housing Affordability; Redevelopment; University-community Partnership
Migliaccio, Giovanni C.; Guindani, Michele; D’Incognito, Maria; Zhang, Linlin. (2013). Empirical Assessment of Spatial Prediction Methods for Location Cost-Adjustment Factors. Journal Of Construction Engineering & Management, 139(7), 858 – 869.
In the feasibility stage of a project, location cost-adjustment factors (LCAFs) are commonly used to perform quick order-of-magnitude estimates. Nowadays, numerous LCAF data sets are available in North America, but they do not include all locations. Hence, LCAFs for unsampled locations need to be inferred through spatial interpolation or prediction methods. Using a commonly used set of LCAFs, this paper aims to test the accuracy of various spatial prediction methods and spatial interpolation methods in estimating LCAF values for unsampled locations. Between the two regression-based prediction models selected for the study, geographically weighted regression analysis (GWR) resulted the most appropriate way to model the city cost index as a function of multiple covariates. As a direct consequence of its spatial nonstationarity, the influence of each single covariate differed from state to state. In addition, this paper includes a first attempt to determine if the observed variability in cost index values could be at least partially explained by independent socioeconomic variables. (C) 2013 American Society of Civil Engineers.
Construction Industry; Interpolation; Regression Analysis; Socio-economic Effects; Spatial Prediction Methods; Location Cost-adjustment Factors; Empirical Assessment; Lcaf; Order-of-magnitude Estimates; North America; Unsampled Locations; Spatial Interpolation Methods; Geographically Weighted Regression Analysis; Gwr; Independent Socioeconomic Variables; Inflation; Indexes; Estimation; Geostatistics; Construction Costs; Planning; Budgeting
Yocom, Ken P.; Andrews, Leann; Faghin, Nicole; Dyson, Karen; Leschine, Thomas; Nam, Jungho. (2016). Revitalizing Urban Waterfronts: Identifying Indicators For Human Well-being. Aims Environmental Science, 3(3), 456 – 473.
Waterfront cities worldwide have begun the process of regenerating and developing their formerly industrial waterfronts into land uses that reflect a post-industrial economic vision of mixed urban uses supporting a diverse economy and wide range of infrastructure. These revitalization projects require distinct planning and management tactics to determine project-defined successes inclusive of economic, ecological, and human well-being perspectives. While empirically developed templates for economic and ecological measures exist, the multi-dimensionality and subjective nature of human well-being is more difficult to assess. Through an extensive review of indicator frameworks and expert interviews, our research proposes an organizational, yet adaptable, human well-being indicators framework for the management and development of urban waterfront revitalization projects. We analyze the framework through the lens of two waterfront projects in the Puget Sound region of the United States and identify several key factors necessary to developing project-specific human well-being indicator frameworks for urban waterfront revitalization projects. These factors include: initially specify goals and objectives of a given project, acknowledge contextual conditions including prospective land uses and projected users, identify the stage of development or management to use appropriate indicators for that stage, and develop and utilize data sources that are at a similar scale to the size of the project.
Quality-of-life; City Waterfront; Dimensions; Framework; Science; Policy; Urban Waterfront Revitalization; Human Well-being; Indicators; Design And Management
Tillyer, Marie Skubak; Walter, Rebecca J. (2019). Low-income Housing And Crime: The Influence Of Housing Development And Neighborhood Characteristics. Crime & Delinquency, 65(7), 969 – 993.
This study examines the distribution of crime across various types of low-income housing developments and estimates the main and interactive effects of housing development and neighborhood characteristics on crime. Negative binomial regression models were estimated to observe the influence of security and design features, neighborhood concentrated disadvantage, residential stability, and nearby nonresidential land use on crime at the housing developments. The findings suggest that low-income housing developments are not uniformly criminogenic, and both development characteristics and neighborhood conditions are relevant for understanding crime in low-income housing developments. Implications for prevention are discussed.
Violent Crime; Micro Places; Guardianship; Criminology; Multilevel; Proximity; Patterns; Context; Trends; Impact; Low-income Housing; Criminal Opportunity; Concentrated Disadvantage
Colburn, Gregg. (2021). The Use of Markets in Housing Policy: A Comparative Analysis of Housing Subsidy Programs. Housing Studies, 36(1), 46 – 79.
Many countries use demand-side housing subsidies to support low-income households. Unlike public or social housing programs, demand-side subsidies require recipients to enter the private market to use their benefits. The focus of this study is the experiences of assisted households in the private housing market and the outcomes they achieve. Given the link between policy design and program outcomes and because all housing subsidy programs are not created equal, one might expect the experiences and outcomes of recipients to also vary. To examine this relationship, using data from national housing surveys, this study analyzes cross-national variation in housing support programs and compares the housing and neighbourhood outcomes of subsidized households in the US, the UK, and the Netherlands. The findings of this study highlight that market context and policy design are associated with housing outcomes. In particular, the strong tenant supports and favourable design of housing assistance in the Netherlands is associated with favourable outcomes for subsidized households. In the US and the UK, subsidized households, in general, underperform their unsubsidized peers. This article underscores the importance of institutional context and program design when public assistance programs require recipients to enter the private market to use a benefit.
Housing; Housing Subsidies; Comparative Studies; United States; Great Britain; Netherlands; Comparative; Outcomes; Subsidized Housing; Subsidy; Choice Vouchers; Poverty Deconcentration; United-states; Tax Credit; Income; Neighborhoods; Opportunity; Future; Britain; Comparative Analysis; Subsidies; Households; Context; Housing Policy; Design; Subsidies (financial); Housing Market; Low Income Groups; Public Housing; Assistance Programmes; United Kingdom--uk; United States--us