Twin Cities Dilemma Preserving Vision For Mixed-Income TOD
Reconnecting America and the Center for Transit-Oriented Development have been working in the Twin Cities for several years. Recently, CTOD partner Nadine Fogarty of Strategic Economics participated in a Central Corridor Funders Collaborative program entitled "Preserving our vision through an uncertain market."
Representatives of Twin Cities' government and non-profit groups along with a number of capital sources and collaborations looked at the issues that arise around preserving affordable housing and encourage new mixed-use, multi-income development as a new light rail line drives development changes in a corridor.
The Funders Collaborative website has a summary from the session, which provides national and local context, highlights existing resources for TOD acquisition plus one current approach to land acquistion, and outlines next steps to help further the local conversation about the benefit and potential of a strategic acquisition fund.