Topic: Gobierno local

Curso

2024 Fundamentals of Municipal Finance Credential

Mayo 13, 2024 - Mayo 16, 2024

United States

Ofrecido en inglés


The University of Chicago is no longer accepting applications for the 2024 program.

Public finance faces heightened scrutiny, which presents opportunities and challenges. As communities continue to struggle with effects of the pandemic while facing urgent needs ranging from affordable housing to infrastructure investment, their decisions about revenues and expenditures must center on equity, efficiency, and sustainability.

Even before COVID-19, situations in communities like Detroit, Stockton, Flint, and Puerto Rico highlighted severe fiscal challenges—and ongoing stress—to public services caused by the shrinking revenue streams impacting many local governments.

While federal funding for local governments increased to provide the services and infrastructure residents demand, this funding source has limits and will soon go back to prepandemic levels. Communities must not only devise ways to spend this influx of money equitably, they must also be prepared to adequately and fairly raise revenues when federal funding diminishes.

Whether you want to better understand public-private partnerships, debt and municipal securities, or leading land-based strategies to finance infrastructure projects, this program will give you the skills and insights to advance your career in local government or community development.

Overview  

This program was created by the University of Chicago Harris School of Public Policy’s Center for Municipal Finance in partnership with the Lincoln Institute of Land Policy. This course will include modules on the following topics:

  • Urban economics and growth
  • Intergovernmental fiscal frameworks, revenues, and budgeting
  • Capital budgeting and Infrastructure Maintenance
  • Debt/Municipal Securities
  • Land Value Capture and Municipal Finance
  • Public-Private Partnerships
  • Financial Analysis for Land Use and Development Decision Making
  • Environmental, Social, and Governance (ESG) in Municipal Finance

Upon completion of the course, participants will receive a certificate signed by both organizations. For planners maintaining their AICP credentials, this course provides 16 Certification Maintenance (CM) credits from the American Planning Association.

Course Format 

The live virtual programming will last approximately 3.75 hours each day, and the additional coursework—viewing prerecorded lectures and reading introductory materials—will require up to two additional hours each day.

Who Should Attend

Urban planners who work in the private and public sectors as well as individuals in the economic development, community development, and land development industries.

Cost 

Nonprofit and public sector: $2,000
Private sector: $2,500

Space is limited.


Detalles

Fecha(s)
Mayo 13, 2024 - Mayo 16, 2024
Location
United States
Idioma
inglés
Número de créditos
16
Tipo de certificado o crédito
AICP CM credits
Enlaces relacionados
Descargas

Palabras clave

planificación de uso de suelo, salud fiscal municipal, planificación, tributación inmobilaria, finanzas públicas

This multimedia case examines the impact of Burlington, VT’s affordable housing strategies on the Old North End (“the ONE”)—a historically low-income neighborhood which boasts a robust stock of affordable housing while facing rising costs of living and demand for housing. It traces the history of Burlington’s efforts back to the 1980s, when the city government under then-mayor Bernie Sanders established programs and policies to produce affordable housing and combat gentrification and displacement.

This case study video was named Gold Telly Winner in the 45th Annual Telly Awards in two categories: Documentary: Short Form and Education & Training.

The Case Study

The Backstory

Still the ONE: Lessons from a Small City’s Big Commitment to Affordability, by Julie Campoli appears in the October 2023 issue of Land Lines, the quarterly magazine of the Lincoln Institute of Land Policy.

Exhibits

Map: The Champlain Housing Trust’s 2,569 Rentals and 675 Shared-Equity Homes in Northwestern Vermont

 

 

Map: All Permanently Affordable Units in the Old North End 

Timeline

Burlington Case Study TImeline

References

Aurand, Andrew, et al. 2021. 2021 Picture of Preservation. National Low Income Housing Coalition and Public and Affordable Housing Research Corporation. https://preservationdatabase.org/wp-content/uploads/2021/10/NHPD_2021Report.pdf.
Aurand, Andrew, et al. 2022. “Out of Reach: The High Cost of Housing.” National Low Income Housing Coalition. https://nlihc.org/oor.

Cohen, Helen, and Lipman, Mark. 2016. Arc of Justice: The Rise, Fall and Rebirth of a Beloved Community (documentary film). https://www.arcofjusticefilm.com/.

Davis, John Emmeus. Ed. 2020. The Community Land Trust Reader. Lincoln Institute of Land Policy. https://www.lincolninst.edu/publications/books/community-land-trust-reader.

Davis, John Emmeus. 1990. Building the Progressive City: Third Sector Housing in Burlington. Philadelphia: Temple University Press. https://ecommons.cornell.edu/handle/1813/40513.

Ellen, Ingrid, et al. 2021. Through the Roof: What Communities Can Do About the High Cost of Rental Housing in America. Policy Focus Report. Cambridge, MA: Lincoln Institute of Land Policy. https://www.lincolninst.edu/publications/policy-focus-reports/through-roof-what-communities-can-do-high-cost-rental-housing.

Freddie Mac. 2018. Spotlight on Underserved Markets: Affordable Housing in High Opportunity Areas. Policy Brief, Washington, DC: Federal Home Loan Mortgage Corporation. https://mf.freddiemac.com/docs/Affordable_Housing_in_High_Opportunity_Areas.pdf.

Jickling, Katie. 2018. “Ready or Not: Is Gentrification Inevitable in Burlington’s Old North End?” Seven Days. January 17. https://www.sevendaysvt.com/vermont/ready-or-not-is-gentrification-inevitable-in-burlingtons-old-north-end.

Libby, James M. Jr. 2006. “The Policy Basis Behind Permanently Affordable Housing: A Cornerstone of Vermont’s Housing Policy Since 1987.” Montpelier, VT: Vermont Housing and Conservation Board. https://vhcb.org/sites/default/files/pdfs/articles/permanentaffordability06.pdf.

Opportunity Insights. “Neighborhoods Matter: Children’s Lives Are Shaped by the Neighborhoods They Grow Up In.” Online Research Collection. Cambridge, Massachusetts: Harvard University. https://opportunityinsights.org/neighborhoods.

Quigley, Aidan. 2019. “Who Owns Burlington? The Largest Holdings Are in the Hands of a Few.” VTDigger. November 3. https://vtdigger.org/2019/11/03/who-owns-burlington-the-largest-holdings-are-in-the-hands-of-a-few.

Torpy, Brenda. 2015. “Champlain Housing Trust.” Case Study. Center for Community Land Trust Innovation. https://cltweb.org/case-studies/champlain-housing-trust.

For Teachers

Topics

Affordable housing, community land trusts, gentrification and displacement

Timeframe

1980 – 2023

Prerequisite Knowledge

None

Learning Objectives

  • Evaluate the impact of permanently affordable housing in high-opportunity areas
  • Identify the policy approaches that helped Burlington develop and preserve affordable housing opportunities in gentrifying neighborhoods
  • Articulate how a community land trust works and why this model is effective in Burlington

Housing and Hope in Cincinnati

March 17, 2023

By Anthony Flint, March 17, 2023

 

In Cincinnati lately, good fortune extends well beyond the Bengals, the city’s football team, which has consistently been making the playoffs. The population is growing after years of decline, companies are increasingly interested thanks to its strategic location, and there’s even talk of southwestern Ohio becoming a climate haven.

But any resurgence in a postindustrial legacy city comes with downsides, as newly elected Cincinnati Mayor Aftab Pureval has been discovering: the potential displacement of established residents, and affordability that can vanish all too quickly.

One of Pureval’s first moves was to collaborate with the Port of Greater Cincinnati Development Authority to buy nearly 200 rental properties in low- and moderate-income neighborhoods, outbidding more than a dozen institutional investors that have been snapping up homes to rent them out for high profits. That sent an important signal, Pureval said in an interview for the Land Matters podcast: transitioning neighborhoods will be protected from the worst outcomes of market forces in play in Cincinnati.

“These out-of-town institutional investors … have no interest, frankly, in the wellbeing of Cincinnati or their tenants, buying up cheap single-family homes, not doing anything to invest in them, but overnight doubling or tripling the rents,” he said, noting a parallel effort to enforce code violations at many properties. “If you’re going to exercise predatory behavior in our community, well, we’re not going to stand for it, and we’re coming after you.”

Pureval, the half-Indian, half-Tibetan son of first-generation Americans, said affordability and displacement were his biggest concerns as Cincinnati—along with Pittsburgh, Cleveland, and other cities hard hit by steep declines in manufacturing and population—gets a fresh look as a desirable location. Cincinnati scored in the top 10 of cities least impacted by heat, drought, and sea-level rise in a recent Moody’s report.

“Right now, we are living through, in real-time, a paradigm shift,” spurred on by the pandemic and concerns about climate change, he said. “The way we live, work, and play is just completely changing. Remote work is … altering our economy and lifestyle throughout the entire country but particularly here in the Midwest. What I am convinced of due to this paradigm shift is because of climate change, because of the rising cost of living on the coast, there will be an inward migration.”

But, he said, “We have to preserve the families and the legacy communities that have been here, in the first place. No city in the country has figured out a way to grow without displacing. The market factors, the economic factors are so profound and so hard to influence, and the city’s resources are so limited. It’s really, really difficult.”

Joining a chorus of others all around the U.S., Pureval also said he supports reforming zoning and addressing other regulatory barriers that hinder multi-family housing and mixed-use and transit-oriented development.

An edited version of this interview will appear in print and online as part of the Mayor’s Desk series, our interviews with innovative chief executives of cities from around the world.

You can listen to the show and subscribe to Land Matters on Apple PodcastsGoogle PodcastsSpotifyStitcher, or wherever you listen to podcasts.

The show in its entirety can also be viewed as a video at the Lincoln Institute’s YouTube channel.

 


 

Anthony Flint is a senior fellow at the Lincoln Institute of Land Policy, host of the Land Matters podcast, and a contributing editor of Land Lines.

Lead image: Cincinnati Mayor Aftab Pureval. Credit: © Amanda Rossmann – USA TODAY NETWORK.


Further Reading

A Bid for Affordability: Notes from an Ambitious Housing Experiment in Cincinnati (Land Lines)

Activist House Flippers Take On Wall Street to Keep Homes From Investors (Wall Street Journal)

Meet Cincinnati Mayor Aftab Pureval (SpectrumNews1)

They Told Him to Change His Name. Now Crowds Are Shouting It. (Politico)

Which U.S. cities will fare best in a warming world—and which will be hit hardest? (Washington Post)

June 7, 2023

By Anthony Flint, June 7, 2023

 

There’s so much happening today in the world’s cities—from climate change to a massive shortage of affordable housing—that the job of the city planner has become a furiously busy one, requiring a singular talent for multitasking and managing the needs of increasingly divided constituencies.

Planners have traditionally labored largely behind the scenes, but are emerging into a more visible role as they explain their work and try to keep the peace, said author Josh Stephens on the latest episode of the Land Matters podcast. Stephens interviewed 23 big-city planners for a new book, Planners Across America.

“Planning directors have huge influence over these cities . . . but they’re not necessarily well known. They are not on the level of a mayor or a city council person who are obviously elected officials, and by definition in the public spotlight; they’re not necessarily like a police chief who is always doing press conferences,” he said. “I think one thing that is very clear in these interviews is how earnest planning directors are about mediating, about figuring out what different stakeholders need and want, and are willing to tolerate.”

Acknowledging the distrust that has grown particularly in communities of color, over urban renewal, highways through urban neighborhoods, and exclusionary zoning, Stephens said planners realize the importance of “listening to people, especially people who have historically been left out of the planning conversation.”

At the same time, planners must confront established residents fighting growth, in what is presented as a virtuous grassroots rebellion but is actually the manifestation of NIMBYism, standing for “not in my backyard.”

“Many communities are empowered, and some of that power is unevenly distributed to the extent that some communities have louder voices, and some communities will invoke people like Jane Jacobs in ways that are not necessarily beneficial for the city as a whole, or might even be disingenuous,” Stephens said.

As he spoke with planners, Stephens found widespread acceptance of the idea that most cities need a massive infusion of new housing supply including multifamily housing—and even high-end housing—to help bring prices down as a matter of basic economics. That’s been the aim of several statewide mandates requiring local governments to modify zoning.

“We do need to add luxury housing in high-cost places to accommodate the people who can afford it. I think ideally, that frees up space, and frees up capital and opportunity, and sometimes public funds to then also build deed-restricted affordable housing, and hopefully maintain a supply of naturally occurring affordable housing,” he said.

“You look at where the prices are highest, and that’s where you need to add housing. You need to add it at every level. There’s an argument that there’s no such thing as trickle-down housing. I don’t buy that. I live in Los Angeles, and there’s more than enough money to go around. If you don’t build luxury housing, that doesn’t mean that wealthy and high-income people are not going to move to LA. They’re simply going to move into whatever the next best housing is. That pushes people down, and eventually some people are left with no place to live.”

However, he said, there will be more post-pandemic movement, from hot-market cities to legacy cities, for example, suggesting the contours of a national housing market. “People have moved from LA to Phoenix, from San Francisco to Boise or Reno or Vegas, and there are other equivalents around the country. I think it’s going to be really interesting in the next decade to see how this filters out,” he said.

Josh Stephens is contributing editor of the California Planning & Development Report and previously edited The Planning Report and the Metro Investment Report, monthly publications covering, respectively, land use and infrastructure in Southern California. Planners Across America was published by Planetizen Press in 2022.

City and regional planning has been a major focus of the Lincoln Institute for many decades, from the annual gathering of 30-plus professionals in the Big City Planning Directors Institute, held in partnership with the American Planning Association and the Graduate School of Design at Harvard University, to the more recent promotion of exploratory scenario planning.

You can listen to the show and subscribe to Land Matters on Apple PodcastsGoogle PodcastsSpotifyStitcher, or wherever you listen to podcasts.

 


 

Anthony Flint is a senior fellow at the Lincoln Institute of Land Policy, host of the Land Matters podcast, and a contributing editor of Land Lines.

Lead image: Josh Stephens. Credit: Rich Schmitt Photography/Westside Urban Forum.


Further Reading

Five Ways Urban Planners Are Addressing a Legacy of Inequity (Land Lines)

Seven Need-to-Know Trends for Planners in 2023 (Land Lines/APA)

A Day in the Life of the City Planner (Princeton Review)