Regulatory Barriers Clearinghouse
Strategy-of-the-Month Club
April 2007
Did you know that minimum parking space
requirements can
significantly increase the cost of
housing? To promote
housing affordability, many jurisdictions
are now opting
to reduce parking requirements or eliminate
them
altogether. Searching for ways to promote
high-density
urban developments near mass transit,
the following
cities are implementing flexible parking
requirements:
o In Portland, Oregon, central city
parking standards
were eliminated six years ago. Today,
a new 261-unit
project includes 24 condos without
parking, and is
located near mass transit.
o Seattle approved a 251-unit development,
currently
under construction, where 43 of the
units have
assigned parking, 83 have no parking,
and the others
have a permit parking system.
o San Francisco revoked minimum parking
requirements
in the city's central core. The new
parking maximums
allow prospective buyers the option
of purchasing a
parking space, which lowers housing
prices in the
downtown area.
Additional information on efforts of
jurisdictions
around the country to make housing
more affordable
through changes to local parking requirements
can be
found at https://www.huduser.gov/rbc/search/rbcdetails.asp?DocId=1548.
We hope this information proves useful
to you in your
efforts to create affordable housing.
If you have
regulatory reform strategies or resources
that you'd
like to share, send us an email at
rbcsubmit@huduser.gov,
call us at 1-800-245-2691 (option 4),
or visit our
website at www.regbarriers.org.
Feel free to forward this message to
anyone who is
working to reduce regulatory barriers
to affordable
housing.
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Strategy-of-the-Month: Reduced Parking Requirements Help Keep Housing Costs in Check
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