“The needs of our citizens are evolving, and the way we plan for the future must evolve as well. This legislation is a significant step in that evolution,” Dodd stated at today’s hearing.
“Workers across the nation are living farther away from their jobs and commuting longer distances. Our roadways are ever more crowded, and this strains our infrastructure. Farmland and open spaces are disappearing, and the impact on the environment from the large numbers of cars on the road is adding significantly to the problems of oil dependence and climate change.
“With our population expected to grow by over 150 million people between 2000 and 2050, it is clear that our current path is unsustainable. The Livable Communities Act before us represents a comprehensive and flexible approach to the diverse issues facing communities.
“This legislation provides for planning and capital grants so that regions can coordinate transportation, housing, and community development policies to reduce traffic congestion, generate economic growth, create and preserve affordable housing, and meet environmental and energy goals.
“This bill is about helping our communities meet vital future needs, in a flexible, fiscally responsible and environmentally sustainable way, while also increasing transportation and housing choices for our citizens.”
Modeled after the Community Regeneration, Sustainability, and Innovation Act (H.R. 932/S. 453), the amendment authorizes $20 million annually for four years to cities and regions challenged with large-scale employment and population loss and chronic property vacancy and abandonment. More information can be found on the Banking Committee's press release.