Denver9/28_James Corless

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Transportation, TOD & Affordable Housing

description

Presentation from Partners in Innovation Policy Forum in Denver, CO on September 28, 2010

Transcript of Denver9/28_James Corless

Page 1: Denver9/28_James Corless

Transportation, TOD & Affordable Housing

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San Francisco Bay Area counties

Million people; almost 4 million jobs

Municipalities

Miles of highway

Miles of local streets and roads

Public transit operators

The MTC regionThe MTC region

9

7

101

1,400

19,600

26

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THE KEY TRANSPORTATION THE KEY TRANSPORTATION PLAYERSPLAYERS

• Feds US DOT• State State DOT• Regions MPOs/regional

councils• County public wks• City public wks• Transit local transit agency

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SF Bay Area’s Housing Crisis

+83%+83%

+64%+64%

+90%+90%

+120%+120%

Growth in interregional commuting, 2000-2030

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Fruitvale Transit VillageFruitvale Transit Village

One of first of new generation of Bay Area transit villages. Library, clinic, senior center, retail and 47 rental units in phase 1. Three hundred plus housing units in phase 2.

OaklandAlameda County

TLC planning: $47,000

TLC Capital Grant: $2 million

Fund Origin: TDA, TEA-21

HIP & TLC Project

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Prometheus

A multi-family development with 218 housing units located near bus transit and Caltrain station in downtown San Mateo

San MateoSan Mateo County

HIP Grant: $682,500

HIP Project

HIP to fund pedestrian and streetscape improvements along Third and Fourth Avenues in downtown San Mateo (same project area).

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Downtown Petaluma Downtown Petaluma River ApartmentsRiver ApartmentsA 81-unit affordable housing complex next to the Petaluma River, bus lines and potential future commuter rail in downtown Petaluma

PetalumaSonoma County

HIP Grant: $266,000

TLC Grant: $358,000

Fund Sources: STP/CMAQ

Fund Origin: TEA-21

HIP & TLC Project

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Sereno Village ApartmentsSereno Village Apartments

A 125-unit affordable housing complex adjacent to the new Sereno Transit Bus Transfer Facility

VallejoSolano County

TLC Planning Grant: $40,000

HIP Grant: $382,500

Fund Origin: TEA-21

HIP Project

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Richmond Transit VillageRichmond Transit Village

Ownership Townhouses & Rentals at hub of heavy rail (BART), Amtrak & local bus

RichmondContra Costa County

HIP Grant: $384,000

HIP Project

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Housing Incentive ProgramHousing Incentive ProgramHousing Incentive ProgramHousing Incentive Program

Awards HIP grants to local gov’ts

housing must be within 1/3 mile of major transit station

Number of units per acre determines total grant award: 30 units/acre: $1,000 per bedroom 40 units/acre: $1,500 per bedroom 60 units/acre: $2,000 per bedroom

HIP funds are spent on TLC capital projects anywhere within the applicant’s jurisdiction

1st Grant Cycle: $9 million in federal STP, CMAQ, and TEA funds

* Additional $$$ per bedroom awarded to affordable units

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TLC and HIP PROJECTSSINCE 1998

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Evolution of “TLC” Incentives

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MTC’s TOD MTC’s TOD Policy: Policy:

Key Transit Key Transit CorridorsCorridors

existing rail existing rail corridorscorridors

Proposed BRTProposed BRT

Proposed rail Proposed rail corridorscorridors

Proposed ferry Proposed ferry terminalsterminals

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Leveraging Transportation Investments

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Why TOD Matters – Ridership Increases in One Proposed Bay Area

Corridor from TOD

Cost-Effectiveness Threshold

Rid

ers

per

Sta

tion

per

Day

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TOD Policy - Housing Requirements

Transit Transit TechnologyTechnology

Minimum Housing Minimum Housing ThresholdThreshold

Equivalent Net Equivalent Net DensitiesDensities

BART/ Heavy RailBART/ Heavy Rail 3850 avg per 3850 avg per stationstation

50-150 units/acre50-150 units/acre

Light RailLight Rail 3300 avg per 3300 avg per stationstation

40-80 units/acre40-80 units/acre

Bus Rapid TransitBus Rapid Transit 2750 avg per 2750 avg per stationstation

30-60 units/acre30-60 units/acre

Commuter RailCommuter Rail 2200 avg per 2200 avg per stationstation

20-50 units/acre20-50 units/acre

FerriesFerries 750 avg per 750 avg per terminalterminal

10-30 units/acre10-30 units/acre

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TOD Policy – Affordability Bonus

Housing Type Area Median Income

Rental 60 percent

Ownership 100 percent

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Station Area Planning Program

Assisting local gov’ts to upzone around new transit corridors

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Station Area Planning Guidance

➔ Set affordable housing goals➔ Consider inclusionary zoning policies➔ Provide a range of housing options

• Including secondary units➔ Minimize displacement/gentrification➔ Consider accessible housing/visitability

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San Leandro Blvd Improvements

Courtesy of BMS Design Group

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San Leandro Blvd Improvements

Courtesy of BMS Design Group

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San Leandro Blvd Improvements

Courtesy of BMS Design Group

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San Leandro Blvd Improvements

Courtesy of BMS Design Group

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Transit Share by Work & Home Location

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TOD - More Than TransitMixed Use Critical to Capture Non-Commute Trips by

Walking/Biking

29%29%transittransit

Mode Share of TOD Residents: 2000 Bay Area Travel Survey

24%24%walk/walk/bikebike

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TOD in the Bay Area: Less Driving

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Choose to Participate: MTC & Affordable TOD Fund

1. Equity or Grants

1. Equity or Grants

2. Low-interest loans

2. Low-interest loans

3. Senior loans3. Senior loans

• Banks, insurance companies• Other direct commercial lenders• Bond financing

• Foundations• Program Related Investments

•Foundation grants•$10 million MTC grant funds from Transportation for Livable Communities

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Evolution of MTC’s Transp/Land Use Work

➔ Transportation/Land Use Policy 1996➔ TLC program 1998➔ Housing Incentive Program 2000➔ Transit Expansion Plan 2001➔ TOD Policy 2005➔ Station Area Planning Grants 2006➔ Regional Growth Strategy 2009➔ TOD Land Acquisition Fund 2010

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Lessons Learned

➔ Money talks – esp transportation $$

➔ Future investments in transit are critical opportunity

➔ Transit agencies need cover to get into land use

➔ MPO board members often local elected officials

➔ Policies that apply just to station areas are challenging

➔ Support for minimizing displacement but tools need

work

Flickr user: starquake