Equitable Transit-Oriented Development 101 Research and Practice

Rail~Volution October 27, 2015

2

Agenda

•  Presentation –  What is eTOD? –  Making the Case for eTOD –  Overcoming Barriers to eTOD

•  Panel Discussion

•  Questions and Answers

3

What is equitable TOD (eTOD)?

•  “Compact, often mixed-use development with access to jobs, neighborhood-serving stores and other amenities that also serves the needs of low- and moderate-income people.” –  Primary approach: Affordable housing near transit

•  eTOD faces both common and unique challenges –  Affordable Housing: development costs –  TOD: auto- & low density-oriented regulatory environment –  eTOD: interdisciplinary coordination

4

eTOD has myriad of benefits to:

For a full review, read: Promoting Opportunity through eTOD: Making the Case

Image Sources: www.arlnow.com

Image Sources: Enterprise

Image Sources: Enterprise

5

Barriers to eTOD

Image Sources: Western Locations Spain Image Sources: Forbes

Image Sources: Binary Option Stops Image Sources: Wordpress

6

Overcoming barriers with diverse engagement

1.  Adopt proactive, collaborative strategies

2.  Take early action to reform plans, codes and policies

3.  Expand access to capital

4.  Enhance site-access and improve site viability

7

1. Adopt proactive, collaborative strategies

a)  Convene cross-sector collaboratives

b)  Align cross-sectoral priorities

c)  Improve planning through coordination & data analysis

d)  Coordinate pre-development activities

e)  Support citizen engagement & community benefits

f)  Create typologies and guidelines

8

2. Reform plans, codes and policies

a)  Adopt state and local legislation that supports affordable housing

a)  Adopt local codes & standards

b)  Reform parking policies

9

3. Expand access to eTOD supportive capital

a)  Create incentives in affordable housing funding programs

b)  Link environmental resources to eTOD

c)  Provide state-level resources

d)  Utilize local resources, including taxing & bonding authority

e)  Leverage private & philanthropic resources

f)  Allocate transportation funds for transit & eTOD

10

4. Enhance site-access & improve site viability

a)  Adopt transit agency policies that encourage affordability near stations

b)  Acquire and/or assemble land eTOD

c)  In weaker sub-markets, remove regulatory barriers, take catalytic action

11

Next Steps for Promoting Opportunity through eTOD

•  Research initiative - http://bit.ly/eTOD-opportunity –  Making the Case –  Barriers to Success and Best Practices for Implementation –  Navigating Federal Regulations (late 2015)

•  Policy and implementation support

eTOD 101 Panel Discussion

Rail~Volution October 27, 2015