Promoting Opportunity through Equitable Transit-Oriented Development (eTOD): Barriers to Success and Best Practices for Implementation
Investments in communities and transit infrastructure can significantly enhance opportunity for low- and moderate-income families. Equitable transit-oriented development (eTOD) is one tool to ensure that there are a range of housing choices in high-opportunity neighborhoods despite the property value increases that often result from such investments.
A primary approach to eTOD is the preservation and creation of dedicated affordable housing. The latest paper demonstrates barriers to eTOD can be overcome by: adopting proactive, collaborative strategies; taking early action to reform plans, codes and policies that influence station area development; expanding access to capital with eTOD-appropriate terms and conditions; and enhancing site-access and improving site-viability.