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Live Near Your Work Program


Photo courtesy of www.pedbikeimages.org / Dan Burden

Buying a home located close to a central business district, where employment is often located, is frequently more expensive than buying a house in a rural area. Communities, local banks, and employers can pool their resources and create a mortgage incentive program for home buyers who choose to buy homes near their places of work. By providing housing close to employment, this program can lower the costs of commuting, lessen the pressure on infrastructure, and generate more pedestrian traffic in business districts.

Related Principles:
neighborhoods nodal development housing economic development transportation

 

 

 
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