Meeting_Body
PLANNING AND PROGRAMMING COMMITTEE
JULY 18, 2018
Subject
SUBJECT: TRANSIT ORIENTED DEVELOPMENT PLANNING
GRANT PROGRAM
Action
ACTION: RECEIVE AND FILE
Heading
RECOMMENDATION
Title
RECEIVE AND FILE report on the Transit Oriented Development Planning Grant Program.
Issue
ISSUE
At the February 2018 Metro Board meeting, the Board directed staff to report back on lessons learned, best practices, and options for future rounds of the Transit Oriented Development (TOD) Planning Grant Program (Program). Existing funds for the TOD Planning Grant Program were largely exhausted with Round 5, which awarded $3,080,500 to eight projects in March 2018. To date, the Board has awarded funds totaling $24.6 million which is summarized in Attachment A.
This report provides an update on the Program's accomplishments to date and recommends staff further analyze the outcomes of the program to determine if, and in what form, the Program should continue.
Discussion
DISCUSSION
Program Overview
Metro developed the Program in 2011 to spur the adoption of transit-supportive regulatory plans that advance thoughtful integration of land use and transportation planning, with a goal of increasing transit ridership. The Program's other goals and objectives include:
* Support municipalities in implementing complementary transit-supportive infrastructure projects and affordable housing.
* Improve local and regional efforts for equitable integration of transportation and community planning.
* Improve the transit network and increase utilization of public transit by reducing the number of modes of transportation necessary to access regional and local transit lines.
* Further the reduction in greenhouse gases by encouraging in-fill development along transit corridors and transit use.
* Support and implement sustainable development principles.
* Increase opportunities to meaningfully engage diverse stakeholders, especially underserved and vulnerable communities, in ...
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