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 Incentives Incentives 1. 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

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Page 1: MTC’s Smart Growth Incentives 1. TLC Planning ($3M)  67 community-led plans 2. TLC Capital ($84M)  80 capital projects - 40 cities - $84 million 3. Housing

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

Page 2: MTC’s Smart Growth Incentives 1. TLC Planning ($3M)  67 community-led plans 2. TLC Capital ($84M)  80 capital projects - 40 cities - $84 million 3. Housing

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

Page 3: MTC’s Smart Growth Incentives 1. TLC Planning ($3M)  67 community-led plans 2. TLC Capital ($84M)  80 capital projects - 40 cities - $84 million 3. Housing

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).

Page 4: MTC’s Smart Growth Incentives 1. TLC Planning ($3M)  67 community-led plans 2. TLC Capital ($84M)  80 capital projects - 40 cities - $84 million 3. Housing

Richmond Transit VillageRichmond Transit Village

Ownership Townhouses & Rentals at hub of heavy rail (BART), Amtrak & local bus

RichmondContra Costa County

HIP Grant: $384,000

QuickTime™ and aTIFF (Uncompressed) decompressor

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HIP Project

Page 5: MTC’s Smart Growth Incentives 1. TLC Planning ($3M)  67 community-led plans 2. TLC Capital ($84M)  80 capital projects - 40 cities - $84 million 3. Housing

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

Page 6: MTC’s Smart Growth Incentives 1. TLC Planning ($3M)  67 community-led plans 2. TLC Capital ($84M)  80 capital projects - 40 cities - $84 million 3. Housing

Petaluma

Page 7: MTC’s Smart Growth Incentives 1. TLC Planning ($3M)  67 community-led plans 2. TLC Capital ($84M)  80 capital projects - 40 cities - $84 million 3. Housing

TLC Funds vs Transit Expansion

0

2

4

6

8

10

12

Billion

s o

f D

ollars

TLC Transit Expansion

Page 8: MTC’s Smart Growth Incentives 1. TLC Planning ($3M)  67 community-led plans 2. TLC Capital ($84M)  80 capital projects - 40 cities - $84 million 3. Housing

The Bay Area’sTransit ExpansionPlan: Res 3434

The Bay Area’sTransit ExpansionPlan: Res 3434

Page 9: MTC’s Smart Growth Incentives 1. TLC Planning ($3M)  67 community-led plans 2. TLC Capital ($84M)  80 capital projects - 40 cities - $84 million 3. Housing

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

Page 10: MTC’s Smart Growth Incentives 1. TLC Planning ($3M)  67 community-led plans 2. TLC Capital ($84M)  80 capital projects - 40 cities - $84 million 3. Housing

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

Page 11: MTC’s Smart Growth Incentives 1. TLC Planning ($3M)  67 community-led plans 2. TLC Capital ($84M)  80 capital projects - 40 cities - $84 million 3. Housing

The Power of Transportation Funding

MPOs can’t control land use

MPOs do control funding

Two ways we can make policy…