Connecticut is offering developers a 50 year, $6 million interest free loan to support the development of an apartment and retail complex in downtown New Britain across the street from a CTfastrak bus rapid transit station.
This handbook lays out a comprehensive framework for understanding, designing and implementing transit-oriented development. The guidelines are also good practice for any area that wants to create a distinct, walkable community.
Metropolitan Planning Organizations play a very important role in the planning and implementation of TOD. As regional planning bodies, MPOs are in a unique position to support stakeholders within their jurisdiction to take actions or adopt policies that support transit-oriented development and provide funding for planning and transit supportive infrastructure. In long-standing federal law for … Continued
This resource is a toolkit of practical and innovative measures to help Metropolitan Planning Organizations (MPO’s), regional planners, transit agencies, and local government elected officials, staff, land use planners, and transit planners integrate transit planning with local land use planning. This guide includes best practices, guidance, success stories, useful techniques, transferable examples, and lessons learned, … Continued
This paper explores why ETOD projects often get stuck in what is typically called the predevelopment phase. The researchers also make key recommendations for market feasibility assessments to be incorporated early in transit planning so that transit build-out can support development. In order to help regions avoid predevelopment pitfalls, the paper also proposes two new … Continued
This handbook collects the innovative approaches that state transportation leaders are already using to make systems more efficient and effective in today’s challenging economy. Smarter transportation investments are both possible and popular; the challenge is determining where to begin and to whom to reach out for support and guidance. Every state is different, from the … Continued
This report provides information about funding mechanisms and strategies that communities can use to provide innovative financing options for TOD. It explains dozens of tools that provide traditional financing as well as new tools.
This white paper was developed for Enterprise Community Partners, Inc. (Enterprise) and its regional and national stakeholders working to advance equitable transit-oriented development (TOD). It focuses on the potential role of metropolitan planning organizations (MPOs) in supporting equitable TOD through the use of federal transportation funds and other resources. A set of policy recommendations and … Continued
In 2010, Enterprise and Denver-area partners launched a first-of-its-kind fund to create and preserve affordable housing along current and future transit corridors in the City of Denver. As the region’s transit system extended beyond the City, the fund expanded to meet new demand. Today, the $24 million Denver Regional Transit-Oriented Development Fund is available to … Continued
The $50 million Fund provides financing for the development of affordable housing and other vital community services near transit lines throughout the Bay Area. Through the Fund, developers can access flexible, affordable capital to purchase or improve available property near transit lines for the development of affordable housing, retail space and other critical services, such … Continued