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New Tool: Location Affordability Portal

​HUD Press Release
November 15, 2013

Location Affordability Portal (LAP)
​U.S. Housing and Urban Development (HUD) and U.S. Department of Transportation, as part of the partnership for Sustainable Communities, have collaborated in the creation of the Location Affordability Portal (LAP) which is a tool aimed at giving consumers, policy makers and developers a clear picture of the living costs involved throughout the nation.  The LAP not only calculates housing costs but also transportation costs by region and neighborhood.  HUD Secretary Shaun Donovan remarked that consumers often underestimate housing costs by only factoring in mortgage/rents costs and neglecting to incorporate transportation costs which add significant burden to housing affordability budgeting.  More...

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