The U.S. Department of Transportation committed $13.4 million to promote eco-friendly, walkable communities through its Transit-Oriented Development (TOD) Planning program, emphasizing affordable housing and sustainable growth. The primary goal is to spur local ventures near transit points, cultivating eco-friendly, livable and diverse areas, according to an Aug. 7 news release.
“Transit-oriented development helps shape communities where you can conveniently access jobs, groceries, medical care, good schools, affordable housing and more,” U.S. Transportation Secretary Pete Buttigieg said in the release. “We are all better off when there is easy access to affordable, accessible and convenient ways to get around, which is why DOT is proud to announce this funding to support transit-oriented development.”
TOD synergizes public transit, land allocation and housing strategies. This approach forms communities that boast seamless transit connectivity and improved pedestrian zones, the release reported. The program is run by the Federal Transit Administration.
By adopting such methods, American families can expect reduced transportation expenses and a marked decrease in carbon emissions, courtesy of enhanced transit linkages to essential services and workplaces, according to the release.
More than $104 million has been funneled into community-driven projects throughout the U.S. since 2015, thanks to the program. This funding led to transformative transit-centric opportunities, notably in cities like Phoenix and Tempe, the release reported. These cities have reimagined areas around the Valley Metro's tram and light rail systems, resulting in augmented housing avenues and the birth of sustainable, equitable zones.
The Pilot Program for TOD Planning objectives include financial relief for U.S. families, proactive climate change measures and the just allocation of resources to traditionally underserved sectors. The release highlighted a preference for initiatives that promise improved air standards, underscore environmental justice, extend support to the unhoused and prioritize housing affordability.
This year, regions with fewer residents or a lower average income might receive a larger chunk of federal backing. In a noteworthy move, applications that prioritize affordable housing could be considered for a full federal cost-sharing agreement, according to the release.
