Transportation & Housing
Whether getting to work, school or just picking up groceries at the store, reliable transportation is important for household success. However, access to public transportation depends on where someone lives. Frequently, affordable homes are located far from good jobs, schools, and health care, which means low-income families often have higher transportation costs.
The Transit-Oriented Development (TOD) approach to urban and regional planning, which prioritizes the preservation and creation of housing, schools, jobs, and health services around bus and rail transit, has been shown to:
- boost transit ridership
- spur economic development
- limit sprawl and associated costs of additional public service deliverty
- improve health outcomes
- minimize traffic congestion
- strengthen the labor force
By factoring in affordability and accessibility into our TOD work, we ensure that new housing, education, jobs, and health care opportunities are available to those who stand most to benefit from them. Enterprise’s Equitable Transit-Oriented Development (eTOD) strategies incorporate affordable housing in close proximity to reliable public transit and bolsters ridership goals of transit agencies.
Low-income families and individuals generally spend over 50 percent of their income on housing and transportation costs and are more likely to use transit than higher-income groups. We help communities develop strategies so that groups with the greatest transportation needs are able to access reliable transit.
In our work, we bring together stakeholders, community advocates, policy experts and transit providers to help communities plan for their transportation and housing needs. Across our markets nationwide, we:
- Award capacity building grants to local non-profit organizations
- Provide technical assistance to agencies and local non-profits
- Lead community engagement coalitions
- Invest in eTOD land acquisition and development funds
Transportation and housing are key and interrelated factors in economic growth for community and opportunity for families. Aligned federal investment in transportation and housing can help create more jobs, increase transit ridership and promote economic stability in communities nationwide.