Financing Equitable Transit-Oriented Communities in the Sacramento Region - Full Report
Sacramento’s stable jobs base, mild climate, central location and low relative cost of living in a major California region are significant attractors to new residents and businesses to the region. By 2035, the population of the greater Sacramento Region is expected to increase by 39%, from 2.3 million to 3.2 million people, creating a need for 300,000 additional homes and 300,000 new jobs. As part of this growth many communities are forecasted to evolve into more lively commercial and residential hubs. Thus, now is the time to think carefully about how they will grow and to prepare for a preferred future where all individuals and families have access to opportunity.
The benefits from household, business and policy perspectives for creating equitable transit-oriented communities are numerous. They include access to economic opportunity by connecting people between homes and jobs along the transit lines, improvements for the environment, mostly via reduce vehicle-based greenhouse gas emissions as called for in the region’s ‘Blueprint for Sustainable Communities’ (Sustainable Communities Strategy), and groundwork for healthy, active living by encouraging walking and biking as well as more time in a community than between places.
However, if not planned and implemented carefully with market realities in mind, these districts will be not cohesive neighborhoods, they’ll simply be clusters of buildings with sidewalks. Or worse, they will be neighborhoods that only serve the well-off, pushing low-income people further away from the amenities they especially need for healthy and prosperous lives. By taking the time to consider how the Sacramento Region’s growth and assets can be harnessed to create transit-rich neighborhoods that genuinely serve everyone, it ensures that the region can continue to be home to a diversity of people.