INVEST Act amendment would help finance more transit-oriented development

One of the amendments to the House’s transportation bill (INVEST Act) we are supporting would expand one of the federal government’s biggest infrastructure financing tools to include more economic development near public transportation stations—increasing private investment in transit and helping multiply the impact of the INVEST Act’s sizable increases in transit funding.

Advocacy LOCUS Transportation

Suburban business parks are dead, and six other things we learned at the LOCUS Leadership Summit

Opportunity Rising, last week’s LOCUS National Leadership Summit in Arlington, VA, was a vital gathering, uniting responsible real estate developers and investors with local elected officials and transportation and land-use planners. During the wide range of workshops, panels and sessions, Smart Growth America staff absorbed a few important themes and ideas. Here are seven.

Economic development LOCUS

Getting intentional about equitable TOD in Chicago


This month on Building Better Communities with Transit we talk with Kendra Freeman, the director of community engagement for the regional Metropolitan Planning Council, about TOD in Chicago. A recent update to the city’s TOD policy puts a new focus on equitable development in a city that has seen stark differences in outcomes based on zip code.

Technical assistance Transportation

Today is the last day to register for the 2018 LOCUS Leadership Summit

This year’s event is an interactive opportunity for members of the real estate industry to learn more about the future of walkable, triple bottom line development and to connect with like-minded professionals working on these types of projects and advocating for better public policy across the country. Don’t miss your chance to attend.

LOCUS

Learn about transit-oriented development opportunities along the new Hartford commuter rail line

Photo credit: Doug Kerr via Flickr The Hartford Line commuter rail, which is slated to begin service in spring 2018, will bring more frequent and reliable train service to the rest of the northeast and create a wealth of new opportunities for developers and investors to reinvigorate neighboring towns along the new line as walkable, … Continued

LOCUS Uncategorized

Join us for a crash course on federal TOD financing programs

Many transit-oriented development projects are made possible with the help of financing from federal government programs. The details of those programs, however, are tougher to understand. What programs might your development project be eligible for? What time of year do applications open, and when are awards announced? And what do some of the most popular programs look for in applications?

Join us on Thursday, July 20, 2017 at 1:00 PM EDT for a free webinar that will answer all these questions and more. “A crash course on federal TOD financing programs” will provide an overview of programs available through USDOT, HUD, and EPA to help municipal leaders, real estate developers, and transit agency staff create more development near transit stations.

Economic development LOCUS

Watch the recorded kickoff discussion of “Empty Spaces”

On Tuesday we released Empty Spaces, new research looking at the real parking needed at five transit-oriented developments (TODs). The report, produced in partnership the University of Utah, looks at how much less parking is required at TOD than standard engineering guidelines suggest, and how many fewer vehicle trips are generated than those guidelines estimate.

Transportation