Description: The San Francisco Bay Area Metropolitan Transportation District established a grant program to award transportation infrastructure dollars to the cities and counties that produce or preserve the largest number of affordable, multi-family housing units located in designated urban areas. The Grant Program provided $71 million to be awarded from 2018 through 2022.
Goal: Transportation District grants: Establish a competition between cities and counties to increase affordable housing near transit and job centers to reduce vehicle miles traveled (VMT).
Measurement: Number of added or preserved affordable, multi-family housing units in Priority Development Areas or in Transit Priority Areas during the five calendar years from 2018 to 2022
Time to Implement: Five years
Links:
MTC Housing Incentive Pool Program
https://mtc.ca.gov/our-work/fund-invest/investment-strategies-commitments/focused-growth/affordable-housing/housing
MTC Resolution establishing Pilot Program
https://mtc.ca.gov/sites/default/files/MTCResolutionsNo.4348and4308-HousingIncentivePool-Oct.2018.pdf
Additional Information:
MTC Housing Incentive Pool Program 2018 and 2019 progress report
https://mtc.ca.gov/sites/default/files/documents/2021-05/3b-21-0182-HIP2018-2019ProgressReport.pdf
Contact Info:
Mallory Atkinson
Bay Area Metro, Funding Policy & Programs
(415) 778-6793