Filling the Financing Gap for Equitable Transit-Oriented Development
The March 2013 draft of a report from Enterprise Community Partners and Low Income Investment Fund on financing equitable transit-oriented development has been added to the Resource Center best practices database.
"Filling the Financing Gap for Equitable Transit-Oriented Development: Lessons from Atlanta, Denver, the San Francisco Bay Area and the Twin Cities" indentifies ways to make TOD projects that contribute to equitable TOD outcomes easier to finance and build. To that end, the authors reviewed existing equitable TOD financing tools, using four regions as examples: Atlanta, Denver, Minneapolis-St. Paul and the San Francisco Bay Area.
"We believe that equitable TOD is a strategy for approaching land use, economic development and community development that requires integration among disciplines that traditionally do not interact in ways that create the desired results. Financing equitable TOD is one of several important components of a strategic approach; others include planning, policy and community engagement," the report authors explain.
The Center for Transit-Oriented Development (CTOD) supported the project by compiling a literature review of the numerous studies that preceded our effort.