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File #: 2022-0788   
Type: Motion / Motion Response Status: Passed
File created: 11/10/2022 In control: Executive Management Committee
On agenda: 11/17/2022 Final action: 12/1/2022
Title: APPROVE Motion by Directors Hahn, Najarian, Dutra, Sandoval, and Butts that consistent with the November 8, 2022 Board Box, direct the Chief Executive Officer to adopt as policy that: A. consistent with Metro's Transit Oriented Communities (TOC) Policy, Metro property may only be included in LA County's Land Bank Pilot Program so long as it is done in coordination with local jurisdictions.; and B. due to the timing and limitations of Metro's land acquisition process, Metro shall not formally partner with LA County on a programmatic level to acquire properties for or lead aspects of the County's Land Bank Pilot Program.
Sponsors: Board of Directors - Regular Board Meeting
Indexes: Ara Najarian, Board approved a Motion, Board Correspondence, Construction Acquisitions, Fernando Dutra, James Butts, Janice Hahn, Joint development, Land, Los Angeles River, Memorandum Of Understanding, Motion / Motion Response, Pilot studies, Policy, Tim Sandoval, Transit Oriented Community
REVISED
EXECUTIVE MANAGEMENT COMMITTEE
NOVEMBER 17, 2022

Preamble
Motion by:

DIRECTORS HAHN, NAJARIAN, DUTRA, SANDOVAL, AND BUTTS

Land Bank Pilot Program

Los Angeles County is in the midst of a historic housing crisis, with tens of thousands of people migrating out every year, in search of more affordable places to live. At the same time, efforts to improve the Los Angeles River, as well as efforts to build new high-quality transit, have raised concerns among many that these changes could price many lower-income people out of what few affordable communities remain.

One effort underway to address the region's housing crisis is the creation of a new LA County Land Bank Pilot Program, which was authorized by the LA County Board of Supervisors in June 2022. The program has already been allocated $40 million in American Rescue Plan Act (ARPA) funding, which will go toward the acquisition of land and support the construction of affordable housing in communities where it is needed most.

In an effort to coordinate Metro resources with LA County, in June 2022, the Metro Board of Directors approved a motion (2022-0422) requesting staff to collaborate with LA County agencies and outside community partners on a Land Bank Pilot Program and to identify roles that Metro can take as part of the Land Bank Pilot and associated duties. This motion further directed staff to report back in October 2022.

On November 8, 2022 Metro issued a Board Box in response to the June 2022 motion. That Board Box clarifies staff's intended roles as part of a Land Bank Pilot Program, including the following recommendations that Metro will:
* Not formally partner on a programmatic level with the County to acquire properties for or lead aspects of the County's land bank pilot;
* Collaborate with local jurisdictions through the corridor planning and Transit Oriented Communities (TOC) Implementation Plan process to identify key community priorities and opportunities for the County's Land Bank Pil...

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