At a Glance HuffPo says the average homeowner using the Obama administration’s mortgage modification program is drowning, owing “more than $1.50 for every dollar their home is worth.”
Talk about Smart Growth Kaid Benfield makes the case that “if all new land development in the US were to adopt existing, proven smart growth features, consumers could collectively save as much as $2 trillion in transportation expenses over ten years.” And New York Magazine speculates on whether New York’s “Subway on the Street” idea could revolutionize public transportation.
Battle of the Greens, cont. Jonathan Hiskes argues it’s time for Congress to step in and put a stop to “Fannie Mae and Freddie Mac’s attack on Property Assessed Clean Energy (PACE).”
Late Friday Cheers, cont. Enterprise Community Partners was awarded $6 million in Neighborhood Stabilization Program (NSP) funds to help foreclosure-stricken communities get back on their feet.
(Illustration by Bob Scott in NYMag.com)