Infrastructure Financing Options for Transit-Oriented Development
“Infrastructure Financing Options for Transit-Oriented Development provides communities with a comprehensive guide of tools and strategies that are available for financing and funding infrastructure for transit-oriented development (TOD). The report provides examples of how some communities are using specific tools for individual infrastructure components, as well as strategies for combining and bundling tools to create plans that address construction phasing and market growth over time.
The report:
Identifies dozens of financing mechanisms and strategies that communities can use.
Showcases how 11 communities are using finance tools and funding sources to implement TOD.
Introduces four innovative models communities could consider for their TOD planning.
Explains how community context and market factors affect the types of financing tools or funding strategies that communities can use.
EPA delivered this report through its Smart Growth Implementation Assistance Program, which helps tribal, state, regional, and local governments explore smart growth strategies to overcome development-related challenges. Four communities – Cobb County and the Cumberland Community Improvement District, Georgia; the South Suburban Mayors and Managers Association, Illinois; the Utah Transit Authority, Salt Lake City, and Sandy City, Utah; and the city of Wheat Ridge, Colorado – are featured.”
EPA January 2013.