File #: 2017-0049   
Type: Program Status: Passed
File created: 1/23/2017 In control: Planning and Programming Committee
On agenda: 4/19/2017 Final action: 4/27/2017
Title: CONSIDER: A. APPROVING release of Round 5 of the Transit Oriented Development (TOD) Planning Grant Program, offering an amount not to exceed $3,100,000; B. APPROVING the Round 5 TOD Planning Grant Program Guidelines (Attachment A), which include the Transit Supportive Planning Toolkit and the creation of the Transit Oriented Communities Tax Increment Financing Pilot Program; and C. ADOPTING AND CERTIFYING the Strategic Growth Council Final Grant Report as accurate.
Sponsors: Planning and Programming Committee
Indexes: Bicycling, Budgeting, Community Revitalization and Investment Authority, Enhanced Infrastructure Financing District, Funding plan, Grant Aid, Guidelines, Metrolink, Partnerships, Pilot studies, Program, Research, Ridership, Safety, Short Range Transportation Plan, Southern California Association Of Governments, Tax Increment Financing, Transit Oriented Communities Tax Increment Financing Pilot Program, Transit Oriented Community, Transit Oriented Development, Transit Oriented Development Planning Grant Program, Value capture, Vehicle miles of travel
Attachments: 1. Attachment A - TOD Planning Grant Program Guidelines, 2. Attachment B - SGC Grant Final Report
Meeting_Body
REVISED
PLANNING AND PROGRAMMING COMMITTEE
APRIL 19, 2017

Subject/Action
SUBJECT: TRANSIT ORIENTED DEVELOPMENT PLANNING GRANT PROGRAM

ACTION: APPROVE RECOMMENDATIONS AND ROUND 5 PROGRAM GUIDELINES

Heading
RECOMMENDATION

Title
CONSIDER:

A. APPROVING release of Round 5 of the Transit Oriented Development (TOD) Planning Grant Program, offering an amount not to exceed $3,100,000;

B. APPROVING the Round 5 TOD Planning Grant Program Guidelines (Attachment A), which include the Transit Supportive Planning Toolkit and the creation of the Transit Oriented Communities Tax Increment Financing Pilot Program; and

C. ADOPTING AND CERTIFYING the Strategic Growth Council Final Grant Report as accurate.

Issue
ISSUE

Staff is recommending a series of actions that will lead to release of the fifth round of the TOD Planning Grant Program (Program) in an amount not to exceed $3,100,000, the remainder of the funds programmed for this initiative. The Program supports Los Angeles County municipalities in the adoption of transit-supportive regulatory plans. Round 5 continues the funding of transformative land use regulations and proposes to include creation of the Transit Oriented Communities Tax Increment Financing Pilot (TOC TIF Pilot) Program, which will fund feasibility studies for eligible cities and/or the County to consider tax increment financing districts around transit stations.

Discussion
DISCUSSION

Metro developed the TOD Planning Grant Program in 2011 to spur the adoption of regulatory planning documents that remove barriers to transit-supportive planning. Since then, Metro has funded 35 projects in 29 cities and the County of Los Angeles, totaling $21.6 million dollars.

Round 5
Funding for Round 5 would be available to the County of Los Angeles and all cities with land use regulatory jurisdiction within a one-half mile of Metrolink, Metro Rail, or Metro Transitway/Bus Rapid Transit stations and adjacent transit corridors. The Program will ...

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