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Infrastructure Financing Options for Transit-Oriented Development

Webinar

Join a webinar on Infrastructure Financing Options for Transit-Oriented Development on Tuesday, September 24, 2013, 3:00-4:00 Eastern.

Transit-oriented development (TOD) is development near a transit station that offers a mix of housing, employment, shopping, and transportation choices. Putting homes, jobs, and stores close to transit can give people less expensive, less polluting transportation options while improving their access to more job opportunities throughout the region. TOD is generally compact development, which uses land more efficiently and can help preserve undeveloped land, which can protect water quality. Yet the infrastructure required to create TOD is expensive, and funding for infrastructure for new TOD might be difficult to obtain.

This report provides communities with a comprehensive guide of tools and strategies that are available for financing and funding for TOD infrastructure. It provides examples of how some communities are using specific tools for individual infrastructure components, as well as strategies for combining and bundling tools to create plans that address construction phasing and market growth over time.

Infrastructure Financing Options for Transit-Oriented Development (PDF) (254 pp, 8.9MB, About PDF) focuses on four areas related to infrastructure finance for TOD. The report:

Infrastructure  Financing Options for Transit-Oriented Development

Download Infrastructure Financing Options for Transit-Oriented Development (PDF) 254 pp, 8.85MB, About PDF)

EPA delivered this report through its Smart Growth Implementation Assistance Program, which helps tribal, state, regional, and local governments explore smart growth strategies to overcome development-related challenges. Four applicants – Cobb County and the Cumberland Community Improvement District, Georgia; the South Suburban Mayors and Managers Association, Illinois; the Utah Transit Authority, Salt Lake City, and Sandy City, Utah; and the city of Wheat Ridge, Colorado – requested assistance from EPA on funding and financing infrastructure to support TOD. EPA and its contractor team used their work in these communities to help develop this publication.

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