Choosing the right funding and financing mechanisms is critical to ensure successful TODs. Over several months, the TBARTA Land Use Working Group will be asked to provide additional local, state and/or national examples of successful funding strategies for inclusion in the TOD Resource Guide. Our goal is to develop a guide which both explores the benefits and risks of various funding mechanisms, and also provides key examples of successful (or unsuccessful) funding strategies which have been used.

Funding Strategies Discussed Thus Far Include:

• Special Assessment Districts;
• Tax Increment Financing;
• Joint Development; and,
• Public Private Partnerships.

Comment on a TOD Resource Guide Topic

Documents

Draft Resource Guide Chapter

Funding and Financing Transit Oriented Development (draft discussed at the 8/6/10 meeting)

On-Going Questions

Do you know of any funding mechanisms which should be considered?  Do you have a great example of a public-private partnership or joing development that should be included?  If so, please follow the link below.  Also, please provide comments about the Funding and Financing chapter of the TOD Resource Guide.

Comment on a TOD Resource Guide Topic

Next Steps

Staff is continuing its work on the TOD Resource Guide.  Information regarding upcoming LUWG meetings can be found here.