Federal grant · project grant (b)
Purpose:the Study Will Focus on a -mile on Both Sides of the Alignment and a -mile Around Proposed Stations Along the Proposed North Lamar/guadalupe/riverside Fixed Guideway Corridor. the Final Product of This Tod Study Will Result in a North Lamar/guadalupe/riverside Fixed Guideway Corridor Plan Which Will Include Station Area Plans Value Capture and Other Innovative Financing Tools and Tod Zoning Regulations to Be Adopted by Project Partners to Guide Tod Development Within the Corridor. Discretionary Funding for This Application Pilot Program for Transit-oriented Development Planning FY2021 Is Provided in the Amount of 900000. Discretionary Id D2021-TODP-008. This Award Notice Can Be Found at HTTPS://WWW.TRANSIT.DOT.GOV/GRANTS/GRANT-PROGRAMS/FISCAL-YEAR-2020-TRANSIT-ORIENTED-DEVELOPMENT-TOD-PLANNING-PROJECTS.ACTIVITIES to Be Performed:the Scope of Work Will Include Three Phases: 1) Comprehensive Corridor Planning 2) Value Capture and Other Innovative Financing Tools and 3) Station Area Zoning.expected Outcomes:the Proposed Planning Effort Will Produce a Unified Model for Addressing Land Use and Transportation Development Within the North Lamar/guadalupe/riverside Fixed Guideway Corridor. Several Deliverables Under the Planning Effort Will Provide a Clear Understanding of Current Conditions for Market Demand Infrastructure Needs and Regulatory Barriers. Building on These Foundations a Framework for Creating Support and Implementing Tod Will Be Structured by Additional Planning Products Including Public and Stakeholder Outreach Innovative Financing Tools Which Capture Value and Reinvest Into the Station Area and Strategies for Affordable Housing Options Transportation Equity and Economic Development.intended Beneficiaries:the Intended Beneficiaries Include Capital Metro the Riders of Capital Metro Service and Region. Subrecipient Activities:there Are No Subrecipient Activities Associated With This Award.
Committed
$900,000
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