Metro - File #: 2015-1721

• File #: 2015-1721
• Type: Policy
• Status: Consent Calendar
• File created: 11/30/2015
• In control: Board of Directors - Regular Board Meeting
• On agenda: 1/28/2016
• Final action: 1/28/2016
• Title: APPROVE proposed Strategy for Affordable Housing and Sustainable Communities Program, including: A. policy framework prompting local resolutions as a prerequisite for all partnership and support; B. authorization for staff to include Metro-specific components as described in individual project applications; and C. direct staff on various activities supporting capacity building and planning for AHSC competitiveness.
• Sponsors: Planning and Development (Department)
• Indexes: Active Transportation Program, Affordable Housing and Sustainable Communities Program, Budgeting, Cap-and-Trade, City of Los Angeles, Council Of Governments, Countywide Sustainability Plan (Project), Countywide Sustainability Planning Policy, First/Last Mile, Grant Aid, Greenhouse Gas Reduction Fund, Guidelines, Housing, Hubs, Local transportation, Low Carbon Transit Operations Program, Maps, Metro Bike Hub, Metro Bike Share, Outreach, Partnerships, Policy, Program, Project, Safety, Southern California Association Of Governments, Strategic planning, Transit Oriented Community, Transit Oriented Development, Transit Oriented Development Planning Grant Program, Transportation policy, Urban transportation, Vehicle miles of travel, Vehicle sharing

Date	Action By	Action	Result
1/28/2016	Board of Directors - Regular Board Meeting
1/20/2016	Ad Hoc Sustainability Committee

Meeting_Body
AD HOC SUSTAINABILITY COMMITTEE
JANUARY 20, 2016
EXECUTIVE MANAGEMENT COMMITTEE
JANUARY 21, 2016

Subject/Action
SUBJECT: CAP-AND-TRADE AFFORDABLE HOUSING AND SUSTAINABLE COMMUNITIES PROGRAM STRATEGY

ACTION: APPROVE ADOPTION OF PROGRAM STRATEGY

Heading
RECOMMENDATION

Title
APPROVE proposed Strategy for Affordable Housing and Sustainable Communities Program, including:

A. policy framework prompting local resolutions as a prerequisite for all partnership and support;

B. authorization for staff to include Metro-specific components as described in individual project applications; and

C. direct staff on various activities supporting capacity building and planning for AHSC competitiveness.

Issue
ISSUE

One of eleven programs in the California Cap-and-Trade portfolio, the Affordable Housing and Sustainable Communities (AHSC) program provides opportunities to fund affordable housing along with mobility and urban greening improvements intended to reduce greenhouse gas emissions. The 2016 program will allocate $400 million statewide. The program seeks to incentivize the inclusion of active transportation and transit access investments in multi-component collaborative projects. The creation of a cohesive Metro framework and strategy will prompt project applications consistent with Metro's priorities and will allow for Los Angeles County projects to compete more successfully for funding.

Discussion
DISCUSSION

The AHSC program is one of 11 programs funded through cap-and-trade revenues. It was created by the Legislature (SB 862- 2014), and receives an on-going allocation of 20% of cap-and-trade funds ($400 million for 2016). As administered by the California Strategic Growth Council, the program is intended to fund affordable housing along with transportation infrastructure, amenities and programming with the intent of reducing vehicle miles traveled and greenhouse gas emissions from passenger vehicles. The ...