Overview of Proposed 2015 LCA

TRANSIT-ORIENTED DEVELOPMENT
GRANTS
OVERVIEW OF
2015 GRANT CYCLE
Purpose of Livable Communities Transit-Oriented
Development (LCA-TOD) Grants
The purpose of LCA-TOD grants is to promote moderate to higher density development projects
located within easy walking distance of a major transit stop that typically include a mix of uses such as
housing, jobs, restaurants, shops, and entertainment and is oriented to the transit stop. These
development projects offer people of all ages, backgrounds, and incomes abundant, convenient and
affordable transportation choices and the opportunity to live active lives.
Composition of LCA-TOD Grants
Funding stems from two accounts:
1. Livable Communities Demonstration Account (LCDA-TOD) – These grants support projects that
connect development or redevelopment with transit; intensify land uses; connect housing and
employment; provide a mix of housing and affordability; and/or provide infrastructure to connect
communities and attract investments.
2. Tax Base Revitalization Account (TBRA-TOD) - These grants provide funds to investigate and clean up
polluted land in areas that have lost commercial/industrial activity to make them available for economic
redevelopment that enhances the tax base of the recipient municipality while promoting job retention or
job growth and/or the production of affordable housing. In 2015, TBRA-TOD funds are offered only in
conjunction with a concurrent LCDA-TOD application and award.
Impact to Date of LCA-TOD Grants
Over four grant cycles, the Council has awarded $37 million in grants to 61 projects through LCATOD. These projects are expected to help generate:



$636 million in private investment and $176 million in other public investment
Over 2,500 regular jobs and 2,300 construction jobs
Nearly 2,300 housing units, 34% of which will be affordable
For more information, contact:
Erin Heelan, Senior Planner
(651) 602-1633 Erin.heelan@metc.state.mn.us
TRANSIT-ORIENTED DEVELOPMENT
GRANTS
2015 ELIGIBILITY,
AVAILABLE FUNDING, AWARD LIMITS, CALENDAR
LCA-TOD-Eligible Areas
Applications for projects within the following geographic areas are
eligible:
 Areas within ½-mile of light rail, commuter rail, bus rapid
transit stations operational by 2020, as well as the A Line
 Areas within ¼-mile linear buffer along high
frequency local bus routes
 Areas within ½-mile of Park & Ride stations
Available Funding
LCDA-TOD: $5 million including up to $500,000 for Pre-Development projects
TBRA-TOD: $2 million including up to $250,000 for Site Investigation projects
Award Limits
LCDA-TOD Pre-Development
TBRA-TOD Cleanup*
LCDA-TOD Development
Funding
# of Applications per host city
$100,000 per host city, per round
$1,000,000 per application
$2,000,000 per host city
3
Total of 3 per city
*TBRA- TOD Cleanup grants are only eligible in conjunction with a concurrent LCDA-TOD Development application and award. An
application for TBRA-TOD and LCDA-TOD funds for the same project counts as one application towards the city’s limit of three 2015
TOD applications.
Eligible Uses
LCDA-TOD
TBRA-TOD
Development and
Cleanup
Site acquisition, holding costs, geotechnical
work, demo (non-contaminated), grading and
soil correction, publically-accessible
infrastructure, placemaking, design, and
engineering for other funded items, energy
Efficiency Installations
Pre-Development and
Zoning
Site plans, design workshops, appraisals,
market studies, impact analyses, soil testing
(not environmental testing), pro-forma
development in support of a future
development project
Preparation of approved response action
plan (RAP), cleanup of contaminated soil,
groundwater, soil vapor or asbestoscontaining materials and lead-based paint ,
Phase I & II investigations, preparation of
RAPs, hazardous materials surveys, limited
demolition to access contamination
Proposed 2015 LCA-TOD Calendar
JAN-APRIL
March 26: Fund Distribution
Plan adopted by Council
April 1, 2015: Notice of
Funding Availability (NOFA)
released
April 1-2: LCA-TOD application
submittal workshops
MAY-JULY
AUG-OCT
NOV-JAN
May 1: LCA-TOD Development
and Cleanup Project Concept
Plans (PCPs) due
August 12: ROUND 1 PreDevelopment + Zoning CDC
recommendations presented to
Council
November 2: ROUND 2 PreDevelopment + Zoning
applications dueNovember 12:
LCDA-TOD Development and
Cleanup applications CDC
recommendations to Council
May 20, 21: LCA-TOD Design
workshops
June 1: ROUND 1 PreDevelopment + Zoning
applications due
July 1: LCDA-TOD
Development and Cleanup
applications due
July 20: ROUND 1 PreDevelopment + Zoning
applications due to CDC
September 3,17,24
Livable Communities Advisory
Committee (LCAC) convenes
Oct 1: LCAC funding
recommendations
December 21: ROUND 2 PreDevelopment + Zoning
recommendations presented to
CDC
October 19: LCAC
recommendations presented to
CDC
Jan 13: ROUND 2 Predevelopment + Zoning CDC
recommendations to Council