To Cut Down Poverty, Cut Down the Cost of Living
City Lab brings information about how, according to a paper by the Center for Neighborhood Technology, urban poverty could be cut drastically be reducing the cost of living for low-income citizens, including by reducing transportation costs by expanding access to public transportation and locating homes near jobs and transit.
“Philadelphians would also feel cost savings by leaving their cars at home. “A 20 percent decrease in auto travel could save a low-income household [an average] $490 per year in Philadelphia,” says Jen McGraw, a sustainability specialist with the CNT. “Multiplied across 40,000 households, that could be $20 million a year in expense reductions for low-income households.””