Meeting_Body
REVISED
AD HOC SUSTAINABILITY COMMITTEE
FEBRUARY 15, 2017
Subject/Action
SUBJECT: AFFORDABLE HOUSING AND SUSTAINABLE COMMUNITIES PROGRAM STRATEGY AND POLICY FRAMEWORK
ACTION: APPROVE UPDATES TO THE AFFORDABLE HOUSING AND SUSTAINABLE COMMUNITIES PROGRAM STRATEGY AND POLICY FRAMEWORK
Heading
RECOMMENDATION
Title
APPROVE updates to the Affordable Housing and Sustainable Communities (AHSC) Program Strategy and Policy Framework, as shown in Attachment A
Issue
ISSUE
Metro has actively participated in the first two program years for the AHSC funding program, part of the larger portfolio of "cap-and-trade" programs made available by the State of California. The recommended action would better align Metro's efforts and resources with objectives for the program, while continuing to support projects that advance Metro and locally identified priorities.
Discussion
DISCUSSION
In January 2016, the Metro Board of Directors approved the AHSC Program Strategy and Policy Framework. That strategy was intended to align and direct Metro's efforts around the AHSC Cap-and-Trade funding program, and to achieve the following objectives:
* Improve competitive standing of Los Angeles County projects;
* Inspire high quality, high impact project applications; and
* Secure funding for Metro Board programs, notably First/Last mile
Current Results
As reported to the Ad Hoc Sustainability Committee, Metro staff has worked extensively to position successful projects from Los Angeles County for the AHSC program through the 2015 and 2016 program years. These efforts have resulted in 17 successful project applicants from the county, including two projects with sub-awards coming to Metro to augment the downtown Los Angeles bike share pilot. These successful projects equate to 30% of total projects awarded.
As a whole, the program is still a work in progress, especially in terms of Metro's key objective of seeking meaningful, strategic investment in transportation ...
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