Guardian Mortgage Texas – “Location Efficient Mortgages are available to individuals purchasing more expensive homes in areas where with efficient public transportation systems. These loans take into account monies saved on the expenses related to owning or leasing automobiles.”

Location Efficient Development and Mortgages — “Location Efficient Development consists of residential and commercial development located and designed to maximize Accessibility and overall Affordability. This usually means that it is close to good transit service and public services, has good walking and cycling conditions and other features that reduce Automobile Dependency. It often involves urban infill, such as projects to redevelop inner-city neighborhoods or converting older industrial buildings to loft apartments. Location Efficient Development can also include efforts to cluster activities and services together into Commercial Centers, and to redevelop older downtowns. Residents and employees in such areas tend to drive less, rely more on alternative forms of transportation, and enjoy better transportation options than those who live or work in less accessible areas.”