MTC Review Presentation - Sonoma Marin Area Rail Transit - Home ...
MTC Review Presentation - Sonoma Marin Area Rail Transit - Home ...
MTC Review Presentation - Sonoma Marin Area Rail Transit - Home ...
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4) <strong>MTC</strong> <strong>Transit</strong>-Oriented<br />
Development (TOD) Policy<br />
12<br />
<br />
Background:<br />
Adopted to promote cost-effective transit, ease regional housing<br />
shortages, create vibrant communities and preserve open space<br />
Applies to Bay <strong>Area</strong> transit extension projects that are seeking<br />
regional discretionary funds<br />
Research shows that residents living within half a mile of transit are<br />
much more likely to use it<br />
Based on a November 2009 review, the entire SMART corridor does<br />
not currently meet <strong>MTC</strong>’s required thresholds for housing units – at<br />
roughly 80% of the required units<br />
M E T R O P O L I T A N T R A N S P O R T A T I O N C O M M I S S I O N