The Urban Transit Hub Tax Credit has proven to be a popular incentive to concentrate jobs and housing around transit hubs. It is approaching its funding cap, which provides a good opportunity to take stock and perhaps adjust. But it also raises important questions about how the state wants to apportion its economic development incentives going forward.
Archive for June, 2012
Urban Transit Hub Tax Credit at a Crossroads
Thursday, June 28th, 2012What We Wanted to Say: New Revenue Sources, Not More Borrowing, Needed to Fund Transportation
Tuesday, June 19th, 2012It is critical to New Jersey’s prosperity to maintain a safe and reliable transportation system, and the state must find stable, sustainable funding for it from sources other than debt.
New Jersey Counties Show Dramatic Reversal in Population Growth Patterns
Tuesday, June 12th, 2012In the past three years, New Jersey’s county population growth patterns have shown a remarkable reversal from their previous trend toward outward-pushing sprawl development. The newest Census figures indicate a return to urban and inner-suburban counties, to more compact, walkable places.
Does Traffic Congestion Make You More Productive?
Friday, June 1st, 2012Traffic congestion and per-capita GDP both rise in desirable urban areas. Smart-growth development policies could enhance productivity further by helping to reduce congestion.