A 10-Part TOD Finance Plan

This article describes a ten part plan directed at private developers which would transform a financially infeasible transit-oriented development (TOD) to a revenue generator for public transportation. This would provide a return on investment (ROI) that could be used to cover all or part of the cost of transit stations and the transit system. The plan’s ten parts explain a finance structure that includes public and private financing, as well as other means of generating income, such as tax revenue and non-tax income; federal, state, and local funding programs and tax and non-tax incentive programs; transit station operating income; public private partnerships; and, infrastructure funds. In addition to the finance plan, the authors relate that residents and tenants are willing spend money to live in TODs, which combine aspects of commercial, recreational, and residential areas near public transportation. Furthermore, the authors also include a list of reasons why TODs are attractive to transit agencies, governments, and private developers.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/1794668
• Supplemental Notes:
  • In special supplement "Sustainability Concepts: Enhancing Communities Through Transit"
• Authors:
  • Stainback, John
  • Reed, Will
• Publication Date: 2007-6

Language

• English

Media Info

• Media Type: Print
• Features: Figures; Illustrations;
• Pagination: pp 4-9
• Serial:
  • Mass Transit
  • Volume: 33
  • Issue Number: 4
  • Publisher: Cygnus Publishing, Incorporated
  • ISSN: 0364-3484
  • Serial URL: http://www.masstransitmag.com

Subject/Index Terms

• TRT Terms: Capital investments; Finance; Mixed use development; Public private partnerships; Taxes; Transit oriented development
• Subject Areas: Administration and Management; Finance; Highways; I10: Economics and Administration;

Filing Info

• Accession Number: 01105568
• Record Type: Publication
• Source Agency: UC Berkeley Transportation Library
• Files: BTRIS, TRIS
• Created Date: Jul 31 2008 3:24PM