Get your copy of the 2015 LOCUS Federal Financing Toolkit

locus-toolkit-coverAs demand for walkable urban places rises across the country, real estate developers and investors are looking for ways to finance these complex projects. State and federal programs can help but understanding them all can be tough. A new resource from LOCUS provides an overview of these programs and what they can do.

The LOCUS Federal Financing Toolkit is a guide to over 40 federal financing opportunities, designed to help real estate developers and investors as well as local elected officials take advantage of these programs. The toolkit provides an overview and analysis of programs at over a dozen federal agencies, designed to support new projects related to Brownfields, Community Development, Pollution and the Environment, Housing, Transit and Transportation, and Food Access.

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FTA announces the 21 winners of inaugural Transit-Oriented Development Planning Grants

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Sound Transit’s LINK light rail on the Seattle-SeaTac line. Six stations will eventually be added to Tacoma’s separate LINK line, doubling their number of stations.

Crossposted from Transportation for America.

It’s important that communities make the best use of land around transit lines and stops, efficiently locate jobs and housing near new transit stations, and boost ridership — which can also increase the amount of money gained back at the farebox. Twenty-one communities today received a total of $19.5 million in federal grants from a new pilot program intended to do exactly that.

The Federal Transit Administration (FTA)’s Transit-Oriented Development Planning Pilot Program was one of the bright spots in MAP-21, and a priority we worked hard to see included in the final bill during those negotiations back in the summer of 2012, along with our colleagues at LOCUS, the coalition of responsible real estate investors within Smart Growth America.

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Congress is about to have a key opportunity to make communities more walkable. Will they?

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Yesterday, the U.S. Surgeon General launched a new nationwide Call to Action to help Americans be healthier by making walking and physical activity a bigger part of their daily lives.

The event recognized physical activity as one of the nation’s highest health priorities. And as Dr. Murthy explained yesterday, building communities where it is safe and convenient to walk, bike, or wheelchair roll is part of the solution.

Congress is about to have a critical opportunity to take action on this issue. Legislators are currently working on a multiyear federal transportation bill which will shape communities and transportation programs for years to come. As representatives negotiate the bill in the coming weeks, will they prioritize walkable communities?

Tell your Representative to listen to the Surgeon General: Make walkable communities a priority in the next federal transportation bill.

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What if we labeled unwalkable neighborhoods like we do cigarettes?

The Surgeon General of the United States will kick off a new nationwide Call to Action later this morning, aiming to help Americans lead healthier lives—by making walking and physical activity built-in features of more of our neighborhoods.

Over the past decade, scores of research has shown the correlation between physical inactivity and sprawl development. Today, 10 percent of the preventable deaths in America are related to physical inactivity and its related diseases, including obesity, heart disease, and diabetes—and communities without safe places to walk are part of the problem. Smart Growth America’s 2003 report Measuring the Health Effects of Sprawl was one of the first to examine this issue. Today, the Surgeon General is making it a national health priority.

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LOCUS announces new Attainable Housing and Social Equity Initiative Pilot Program

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Across the country, market demand for homes in walkable, downtown neighborhoods is driving up housing costs. How can communities capitalize on this demand and create great neighborhoods that are attainable and equitable for people of all income levels?

LOCUS’ new Attainable Housing and Social Equity Initiative (AHSEI) Pilot Program is a private sector, place-based approach designed to address this challenge, in partnership with the Center for Real Estate and Urban Analysis at the George Washington University (GWU) and funded by the Barr Foundation. As part of the Pilot Program, LOCUS will be selecting a number of U.S. cities to participate in strategies aimed at ensuring accessibility and social equity in great walkable urban places. The first of these cities is Somerville, MA, where our work kicked off at a public meeting in July.

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Speaking out for smart growth issues leads to a better transportation bill in the Senate

Yesterday, the Senate finally passed its version of a six-year federal transportation bill. As you likely know by now, this bill will have a huge impact on how communities across America grow in the coming years.

We asked you to speak out about a number of issues related to this bill over the last few weeks. And right now, I want to say thank you for stepping up.

Many of the crucial provisions we championed—the Safe Streets Act, TIFIA financing for transit-oriented development, and protection of the TIGER grants program at the U.S. Department of Transportation—were included in the final version of the bill.

Complete Streets LOCUS

Senate transportation bill expands financing for transit-oriented development

Senators Schatz, Markey and Merkley champion provision to support investment in neighborhoods near transit

The Senate passed its final six-year transportation reauthorization bill today, and included in the bill is a provision to expand the eligibility of transit-oriented development (TOD) projects for federal TIFIA financing. The provision would also expand financing for infrastructure projects that promote transit ridership, walkability, or increased private investment.

“If you took a bus or train to work today, you know how convenient it is to live and work near a transit stop,” said Christopher Coes, Director of LOCUS. “Transit-oriented development makes day-to-day life easier for millions of Americans. It’s also the backbone of regional economies across the country. The Senate’s bill will make creating new TOD projects easier, and will give more Americans the option to live and work near transit while also supporting economic growth nationwide.”

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Complete Streets, TOD, and TIGER all included in Senate Commerce Committee’s transportation bill

Yesterday the Senate Committee on Commerce, Science, and Transportation approved its six-year transportation bill, the Comprehensive Transportation and Consumer Protection Act of 2015 (S. 1732).

The bill includes dozens of transportation provisions, but we were watching three in particular: the Railroad Reform, Enhancement, and Efficiency Act (S. 1626) and the Safe Streets amendment, both of which we hoped to see included, and a proposal to narrow the scope of the U.S. Department of Transportation’s TIGER grants, which we hoped would be cut.

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Join us on Thursday for an inside look at transportation reauthorization in Congress

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The current federal transportation bill will expire on July 31, 2015. In the coming weeks Congress will negotiate about dozens of programs and debate how to fund billions of dollars worth of projects. What will the current political landscape mean for local transportation projects, Complete Streets, and transit-oriented development?

Join Smart Growth America and Transportation for America for a special open conversation about what’s happening right now in transportation policy this Thursday, July 16, 2015 at 4:00 PM EDT.

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Second regional LOCUS Leadership Summit cultivates smart growth deals and introduces new research in Michigan

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This week, more than 200 real estate developers and local elected officials convened at the One Woodward Building in downtown Detroit for the first-ever LOCUS Michigan Leadership Summit: Closing the next [Smart Growth] Deal. Attendees represented the private, public, and non-profit sectors, and brought regional perspectives to the table.

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