mtc’s smart growth incentives 1. tlc planning ($3m) 67 community-led plans 2. tlc capital ($84m) ...
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MTC’s Smart Growth MTC’s Smart Growth IncentivesIncentivesMTC’s Smart Growth MTC’s Smart Growth IncentivesIncentives1. TLC Planning ($3M)
67 community-led plans
2. TLC Capital ($84M)
80 capital projects - 40 cities - $84 million
3. Housing Incentive Program ($40M) 57 housing projects
11,800 market rate bedrooms
4,800 affordable rate bedrooms
Fruitvale Transit VillageFruitvale Transit Village
One of first of new generation of Bay Area transit villages. Library, clinic, senior center, retail and 47 rental units in phase 1. Three hundred plus housing units in phase 2.
OaklandAlameda County
TLC planning: $47,000
TLC Capital Grant: $2 million
Fund Origin: TDA, TEA-21
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HIP & TLC Project
Metropolitan Apartments(aka Prometheus)
A multi-family development with 218 housing units located near bus transit and Caltrain station in downtown San Mateo
San MateoSan Mateo County
HIP Grant: $682,500
HIP Project
HIP grants funded pedestrian and streetscape improvements along Third and Fourth Avenues in downtown San Mateo (same project area).
Richmond Transit VillageRichmond Transit Village
Ownership Townhouses & Rentals at hub of heavy rail (BART), Amtrak & local bus
RichmondContra Costa County
HIP Grant: $384,000
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HIP Project
Downtown Petaluma Downtown Petaluma River ApartmentsRiver ApartmentsA 81-unit affordable housing complex next to the Petaluma River, bus lines and potential future commuter rail in downtown Petaluma
PetalumaSonoma County
HIP Grant: $266,000
TLC Grant: $358,000
Fund Sources: STP/CMAQ
Fund Origin: TEA-21
HIP & TLC Project
Petaluma
TLC Funds vs Transit Expansion
0
2
4
6
8
10
12
Billion
s o
f D
ollars
TLC Transit Expansion
The Bay Area’sTransit ExpansionPlan: Res 3434
The Bay Area’sTransit ExpansionPlan: Res 3434
Housing Thresholds: MTC TOD Policy
BART Light Rail
BRT Commuter Rail
Ferry
Housing Units within half mile of station
3,850 3,300 2,750 2,200 750
TOD Ridership Benefits
Percent using transit during two-day survey period
0%
5%
10%
15%
20%
25%
30%
35%
40%
<1/4mi 1/4mi-1/2mi
1/2mi-1mi
>1mi,Urban
>1mi,High-Sub
>1mi,Low-Sub
>1mi,Rural
Total
The Power of Transportation Funding
MPOs can’t control land use
MPOs do control funding
Two ways we can make policy…