A National Review of State, Regional and Local Programs that Fund Transit-Oriented Development Plans and Projects
With the differing political landscape, unique development market, and mixture of key players from place to place, there is a great deal of variety in TOD funding programs between states, regions, transit agencies and localities. In some cases, smaller grants support the completion of many station-area plans, while in other places larger loans are used to advance catalytic development projects. Some programs target public agencies, while others provide resources directly to private and non-profit developers.
This report provides information on 42 programs, including 18 state-level, 15 regional and transit agency, and 9 local programs. Twenty-eight of the programs provide funding for implementation, 19 give money for planning and 11 for property acquisition. (Many of the programs allow funding to be used for more than one purpose, i.e. implementation and planning.)