TOD: Closing the Funding Gap

In this article the author discusses the federal funding climate for contributions to transit-oriented development (TOD). The first section discusses the general interest being caused by TOD, which it attributes to increased transit ridership. Such programs have a broad political appeal to developers as well as public transportation. Also, there is a pragmatic reason of bridging the gap between desire rail investments and lack of funding sources. Much federal funding for TOD projects has been predicated on local ballot measures to dedicate funding to these projects, although it is increasingly the case that such measures are not necessary due to public-private partnerships (PPP). Several light rail transit (LRT) lines in Los Angeles are just such examples where no federal money is being spent. Such partnerships are necessary as federal investment is aggregately less than 40 percent of all transportation monies at the moment.

Language

  • English

Media Info

  • Media Type: Print
  • Features: Illustrations;
  • Pagination: p 20
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 01042919
  • Record Type: Publication
  • Source Agency: UC Berkeley Transportation Library
  • Files: BTRIS, TRIS
  • Created Date: Feb 23 2007 5:40PM