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FOCUS and Potential Infll Incentives 4 <br />The fourth column is a hypothetical estimate of the Bay Area's possible share based on a combination <br />of existing population and projected growth. What we actually get could be much less or much more <br />depending on legislation and the allocation methods actually used by the state. All but the $300 million <br />transit-oriented development account are fully or paztially subject to trailer bills to come before the <br />Legislature this session: At this point it is not assured that the region will have any say at all in how <br />these monies are allocated or spent. Transit-oriented development monies are subject to an existing leg- <br />islatedprogram administered by the Department of Housing and Community Development. <br />Legislative advocacy will be required to ensure that the Bay Area's interests are represented in the <br />trailer bills, To guide that advocacy, the Joint Policy Committee has endorsed a set of principles at- <br />tached to this memo. <br />The second source of potential incentives is the next Regional Transportation Plan (RTP). The region <br />has begun the process of preparing the Plan. Proposition 1C and Proposition $4 infill incentives are <br />enumerated in millions of dollars; expenditures in the RTP are enumerated in billions. <br />Over the last couple of RTPs, the region has initiated the idea of using transportation funds to provide <br />incentives for smart, transportation-efficient development: first with the TLC and HIP programs and <br />more recently with the Resolution 3434 Transit-Oriented Development (TOD) Policy. The impend- <br />ing RTP and the infusion of some new funds from federal, state and regional sources provide an op- <br />porhmity to assess whether additional monies can be directed to encourage and support focused <br />growth in Priority Areas identified jointly by local governments and regional agencies. <br />The TOD policy has established the precedent of employing transportation expansion capital to en- <br />courage complementary and supportive development. Maintenance capital has implicitly assisted <br />infill by stemming the deterioration of existing infrastructure in presently developed areas. <br />Recognizing that there is always more need than there is money, two key policy issues require the <br />consideration as the present RTP moves forward: (1) to what extent can the region's transportation <br />expansion plans be even more closely linked to its focused.development objectives; (2) is it appropri- <br />ate to begin more explicitly and directly linking a portion of the plan's maintenance expenditures <br />(approximately SO percent of plan dollars) to the achievement of growth priorities as well. Perhaps <br />those areas that accept a higher proportion of the region's infill development should have a higher <br />priority for maintenance dollars than those areas for which growth is less of an issue. An open con- <br />sideration of these questions will help define and solidify the transportation/land-use connection. <br />Pa cE 11 <br />