Federal grant · project grant (b)
Application Purpose: the Grant Obligates $1076000 in Fy 2018 Pilot Program for Tod Planning (section 20005(B) MAP-21) Discretionary Funds for the Montgomery Park to Hollywood High Capacity Transit (HCT) Development Strategy Project. the HCT Development Strategy Would Identify Affordable Housing Economic Development and Business Stabilization Opportunities Along the 2.3-MILE High Capacity Transit Line to Montgomery Park Linking Portlands Central Eastside to an Underserved Area of Northwest Portland as Well as a 3.8-MILE Extension East to the Hollywood Transit Center. (this Has Not Changed From Original Application); Activities Performed: Project Partners Will Examine How Transit and Tod and Transportation Investments Can Better Support Inclusive Development Affordable Housing and Access. the Workplan Will Focus on Planning for Compact Development Along the Corridor With an Emphasis on Identifying Tools to Help Advance Equitable Development. (this Has Not Changed From Original Application); Expected Outcomes: the Project Seeks to Create a Transit-oriented Development Plan for a Future East-west Transit Line. This Includes Identifying Affordable Housing Economic Development and Business Stabilization Opportunities Along the 2.3-MILE Transit Extension to Montgomery Park Linking Portlands Central Eastside to an Underserved Area of Northwest Portland as Well as a 3.8-MILE Extension East to Hollywood Transit Center. (this Has Not Changed From Original Application); Intended Beneficiaries: Funding for This Project Will Be Used to Create a Transit-oriented Development Plan for a Future East-west Transit Line. This Includes Identifying Affordable Housing Economic Development and Business Stabilization Opportunities Along the 2.3-MILE Transit Line to Montgomery Park as Well as a 3.8-MILE Extension East to Hollywood Transit Center Linking Portlands Central Eastside to an Underserved Area of Northwest Portland. (this Has Not Changed From Original Application); Subrecipient Activities: City of Portland Is a Subrecipient. (this Has Not Changed From Original Application)
Committed
$1.1 Million
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