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Fiscal Years 2016-17 through 2018-19
CAP-AND-TRADE AUCTION PROCEEDS
SECOND INVESTMENT PLAN
Version 2.0
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The implementing legislation (AB 1532, SB 535, and SB 1018) establishes the GGRF, the process for allocating auction proceeds, the eligible uses for those proceeds, and the minimum level of investments in or benefiting disadvantaged communities.
The implementing legislation establishes a two-step
process for allocating funding to State agencies:
PROCESS FOR ALLOCATION OF AUCTION PROCEEDS
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Community residents or local governments with jurisdiction in these disadvantaged communities may be well positioned to identify projects
The projects need to reduce GHG emissions to meet local needs and support community-wide transformation.
These local governments could serve as conveners for the community to choose project types from a menu of potential projects,
Provide technical assistance within the community, and
Offer feedback to the State agency(ies) administering the funding for the projects selected by the community
GAP ANALYSIS FOR LOCAL CONSITUENCY
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Parent Agencies and Approprations
FUNDING CATEGORIES
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TRANSPORTATION RELATEDParent Agency How money is
distributed – award process
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STRATEGIC GROWTH COUNCIL SUSTAINABLE COMMUNITIES
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LOW CARBON TRANSPORTATION
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LOW INCOME WEATHERIZATION
Methods
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ENERGY EFFICIENCY IN PUBLIC BUILDINGS
First come first serve!
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SMART CLEAN AGRICULTURE
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WATER CONSERVATION
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WATER CONSERVATION
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HEALTHY FORESTS AND WASTE DIVERSION
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INVESTMENT BY REGION
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DISADVANTAGED COMMUNITY %
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GGRF INVESTMENT ANALYSIS
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Fiscal Years 2016-17 through 2018-19
CAP-AND-TRADE AUCTION PROCEEDS
EXAMPLE PROJECTS
Version 2.0
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TRANSIT ORIENTED AFFORDABLE HOUSING
SUSTAINABLE COMMUNITIES
Example Projects
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HOUSING
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AWARDED PROJECTS
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MIRAFLORES SENIOR HOUSING - RICHMOND CA
Developer – Eden Housing
Dollar Award - $5,077,558
Scope - Remediation of an existing 14 acre Brownfield site and construction of a new neighborhood, including restoration of Baxter Creek, adaptive reuse of existing historic structures, and a new greenbelt with urban agriculture.
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AMTRAK – Transit Oriented
$8 million from Cap and Trade Greenhouse Gas Emission Reduction Funds
TRUCKEE TRANSIT ORIENTED DEVELOPMENT
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CAMINO 23 – OAKLAND 32 affordable
apartments
Transportation improvements, GHG reductions through greater public transit and bicycle use
improved streetscapes and enhanced connections to stations and jobs.
Collaborators - SAHA, the City of Oakland’s Departments of Public Works and Housing and Community Development. AC Transit.
Satellite Affordable Housing Associates (SAHA) provides quality affordable homes and services that empower people and strengthen neighborhoods.
http://www.sahahomes.org/mission
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APEC INTERNATIONAL LLC – HOTEL FRESNO
APEC International LLC, which purchased the Hotel Fresno property in 2014, plans to spend $23 mill ion to rehabil itate the seven-story structure and build 79 residential apartment units.
$4.2 mil l ion awarded from Cap and Trade via Strategic Growth Council
The Los Angeles-based developer’s plan, which won city council approval in late 2014, calls for 39 new residential units that would be leased at the market rate and 40 units that will be rented as affordable housing
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GGRF TRANSPORTATION RELATED PROJECTS
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AWARDED PROJECTS - 2015
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Project Funding – Federal Transit Administration (FTA). Transit Intercity Rail Capital Program (TIRCP), Affordable Housing and Sustainable Communities Program (AHSCP), TransNet, the regional half-cent sales tax for transportation administered by SANDAG
$113 million - 26-mile Rapid route will run between the Otay Mesa Port of Entry and Downtown San Diego via eastern Chula Vista
$15 million will be used to purchase 16 new Rapid vehicles.
SAN DIEGO SOUTH BAY RAPID PROJECT
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Purchase of 9 Fuel-Efficient Tier IV Locomotives Project On August 27, 2015, the Commission approved Resolution TIRCP-1516-01
to al locate $41,181,000 Carl Moyer funds The amendment wi l l enable SCRRA to maximize the use of al l i ts grant
funds toward the procurement of 20 new Tier IV locomotives. Local funds wil l be applied to al l 20 locomotives.
With TIRCP funds matching increased funding from other partners, the greenhouse gas reductions for the entire procurement of 20 locomotives is anticipated to be greater than original grant request.
ISSUE: In order for SCRRA to use Carl Moyer funds, a financial al location
amendment to Resolution TIRCP-1516-01 is needed to revise the project description from “Replace seven and purchase two addit ional locomotives to increase services on the Antelope and Ventura Lines” to Purchase nine locomotives that contribute to the purchase of 20 locomotives that complete Metrol ink’s locomotive
replacement program and expand service with three locomotives.
TRANSIT AND INTERCITY RAIL PROGRAM (TIRCP) TO THE SOUTHERN CALIFORNIA REGIONAL RAIL
AUTHORITY
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http://valleyvision.org/sites/files/pdf/ggrf_capital_region_final_12_18_15.pdf - Graphs by Region
San Diego South Bay Rapid Transit - http://www.sandag.org/uploads/publicationid/publicationid_1442_9903.pdf
Need to insert accomplished projects
Need to insert clean transportation project examples.
REFERENCES & NEEDED INFO
Draft DocumentFelix [email protected]