New Report: Filling the Equitable TOD Financing Gap
Today, the Low Income Investment Fund (LIIF), Enterprise Communities Partners and Living Cities jointly released Filling the Financing Gap for Equitable Transit-Oriented Development, a new report that examines the opportunities and systemic challenges of advancing equitable transit-oriented development (TOD) across the country. The report features case studies from Atlanta, Denver, Minneapolis-St. Paul and the San Francisco Bay Area to illustrate the diversity, complexity and promising possibilities of equitable TOD projects.
Filling the Financing Gap for Equitable Transit-Oriented Development describes the key components of a model system for equitable TOD, the most common challenges regional actors face in moving equitable TOD projects forward and a variety of strategies partners can use to address these challenges. The report includes recommendations for approaches to leveraging public and private funds, coordinating multiple actors, involving the community and managing issues around land use and assembly. LIIF and Enterprise co-authored the paper with support from Living Cities.
“These projects have benefits at multiple levels but require many actors and can be complicated to finance and build. LIIF is excited about this report’s potential to help develop policy and economic systems that support equitable TOD at a much larger scale,” said Brian Prater, LIIF’s Senior Vice President, Strategic Development and Corporate Affairs.
Equitable TOD, developments that incorporate affordable housing and neighborhood services near public transit lines, is one of LIIF’s core strategies for connecting lower income residents with greater access to jobs, services and opportunity.
Download the complete report here and learn more about LIIF’s innovative Transit-Oriented Development Program
- Learn more about LIIF’s TOD Projects
- Learn more about the Bay Area Transit-Oriented Affordable Housing Fund
- Read more of LIIF’s Publications