Denver 9/27 Sasha Forbes

www.reconnectingamerica.org

September 27, 2010, Denver, Colorado

Sasha Forbes

Partners in Innovation: Including Affordable and Workforce

Housing within Transit-Oriented Developments Data Tools To Support TOD Decision-Making

Mixed-Income Transit-Oriented Development

Action Guide

The Center for Transit-Oriented Development

• Creating a national marketplace for

TOD, working with cities, transit

agencies, developers, investors and

communities

• Best practices, technical assistance,

research, policy reform

• A collaboration of Reconnecting

America, The Center for Neighborhood

Technology, and Strategic Economics

• Sponsors include: FTA, HUD, EPA,

Ford, McKnight, Surdna, Brookings,

Enterprise Community Partners,

Corporate Sponsors, Transit Agencies,

Cities

www.reconnectingamerica.org

A TOD 101 Re-cap

• Compact development with ½

mile of transit

• Mix of uses:

– Housing, jobs, restaurants,

and entertainment

• Benefits:

– Location efficient

– Value for public and private

sector

– Creates a sense of place

and community

– Helps to promote

sustainability

– Boosts transit ridership

The Demand for TOD• Changing demographics

– Singles will soon be the new majority

– Old people will outnumber young people

by mid-century

– Almost half the U.S. population will be

non-white by 2050

– Demographic groups growing most

quickly -- older, non-family, non-white

households—use transit more

• Shifts in consumer preferences to a

more urban lifestyle.

www.reconnectingamerica.org

Transit ridership up 38% since 1995

Demand is Increasing…But So Are Prices

• By 2030

– Demand for housing near transit

estimated to grow from 6 million to

15 million households

– More than half of potential

demand for housing near transit

will be from households with

below median incomes

• Land costs near transit are high

• Developers tend to build to the highest end of the market

www.reconnectingamerica.org

Less Than $20,000

30%

$20,000 -$34,999

19%$35,000 -$49,999

14%

$50,000 -$74,999

13%

$75,000 and Greater

21%

Potential Household Demand for TOD in 2030, by Household Income ($1999)

Transit Reduces Household

Transportation Costs

www.reconnectingamerica.org

Making the Way for MITOD

• Offers Truly Affordable

Housing

• Promotes Equitable TOD

• Stabilizes Transit

Ridership

• Broadens Access to

Opportunity

• Relieves Gentrification

Pressures

• Provides for a diversity

of people - singles,

families, retirees

Who Benefits?

• Low-Income Households: Access to Opportunity

• Other Households: More Stable Neighborhoods

• Transit Agencies: More Stable Ridership

• Employers: More Stable Workforce

• Developers: More Moderate Swings of Market Cycles

www.reconnectingamerica.org

Making MITOD Work to Create

Equitable Communities

There is no “one size fits all” TOD solution

Shared Issues Across Regions

www.reconnectingamerica.org

High land costs near

transit

Complexity of building

mixed-income projects

Achieving revitalization

without displacement Addressing

housing preservation

needs

Supportive policies

needed at all levels

Mixed-Income TOD Action Guide (MITODAG)

• A tool for local

jurisdictions working to

foster mixed-income

transit-oriented

development (TOD)

around planned transit

stations.

• Acquire an invaluable

set of data that

describes the

demographics and

market-potential of the

transit district of

interest,

Components of MITODAG

• Sections

– ―How To‖

– Plan MITOD

– MITOD Tools

– new section: MITOD

News

• Tools and Strategies:

– Case studies of the

tools

• Audience:

– Primarily planners,

community advocates,

community based

organizations

www.reconnectingamerica.org

MITODAG Analysis• Process for thinking

about MITOD:

– Existing

Conditions

– MITOD

Opportunities

– MITOD Strategies

• Sample output

www.reconnectingamerica.org

Action Guide Demo

www.reconnectingamerica.org

http://www.mitod.org/analysis.php

Use MITOD Action Guide in Context

• Tools used must

consider the local

environment

• Other public

investments should

support mixed-income

communities

• Mixed-Income

Communities are more

than Housing

Bookmark Apartments,

Portland, OR

Questions?

Visit www.mitod.org

www.reconnectingamerica.org