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Comment 126 for Public Input on Cap-and-Trade Auction Proceeds (investmentplan-ws) - 1st Workshop.
First Name: Michael
Last Name: Lane
Email Address: ombcomm@arb.ca.gov
Affiliation: Non-Profit Housing Association of Northe
Subject: Expenditure plan for cap and trade auction revenues
Comment:
Dear Chair Nichols: On behalf of the Non-Profit Housing Association of Northern California (NPH), I write to urge you to include transit-oriented affordable housing as an eligible category and key component of the expenditure plan for cap and trade auction revenues under AB 32. NPH is the collective voice of those who support, build, and finance affordable housing. We promote the proven methods of the non-profit sector and focus government policy on housing solutions for lower income people who suffer disproportionately from the housing crisis. Investment in the sustainable development and preservation of affordable housing will help the state meet its greenhouse gas reduction goals while also benefiting disadvantaged communities. When affordable homes are located near transit stations, low-income residents are more likely to use alternative transportation, reducing their reliance on car commuting. Providing energy efficient affordable housing, in the form of both newly constructed and retrofitted homes and locating them near transit stations will help to reduce our state’s carbon emissions. Cap and trade funds should also be utilized to retrofit older affordable housing properties in order to incorporate new green building and energy efficiency features. It is our position that an affordable housing component as outlined above must be a central part of any greenhouse gas reduction strategy funded by cap and trade auction proceeds. We thank you for the opportunity to provide this input.
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Date and Time Comment Was Submitted: 2012-06-26 08:17:39
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