Metropolitan Council offers grants for Transit-Oriented Development (TOD)
The purpose of this new program is to assist Livable Communities participants to implement transit-oriented development that demonstrates how increasing density around transit stations can reduce dependence on automobile ownership, vehicular traffic, and associated parking requirements that would otherwise be necessary to support a similar level of more traditional development, and encourage more transit ridership. Building on prior regional public investment in its transit infrastructure, the Metropolitan Council is requesting proposals for development sites that are located in the following areas:
- Within a DEED designated Transit Improvement Area (TIA) or area eligible for TIA designation.
- Within a one-quarter mile radius along designated high frequency local bus lines.
- Within a one-half mile radius of a bus stop or station on designated high-frequency express routes.
Maps of eligible areas
More information about TOD grants
Applications for this first funding round are due February 15, 2012.
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