To increase public transit ridership by funding higher density affordable housing developments within one-quarter mile of transit stations and infrastructure improvements necessary for the development of specified housing developments.

Assistance Type and Terms

Under the program, low-interest loans are available as gap financing for rental housing developments near transit that include affordable units. In addition, grants are available to Localities and transit agencies for infrastructure improvements necessary for the development of specified housing developments, or to facilitate connections between these developments and the transit station.

The maximum Program Rental Housing Development Loan amount awarded for a single Housing Development or to a single Applicant, including any affiliates of such Applicant, is $10 million.  The maximum Program Infrastructure Project Grant awarded to a Locality or transit agency Applicant is $5 million. The total maximum award amount for a single Project is $15 million.

Eligible Activities

To be eligible for funding, a Project must consist of either, or both:

  1. A Rental Housing Development Project; and/or
  2. An Infrastructure Project necessary for the development of specified Housing Developments, or to facilitate connections between these Developments and the Transit Station.

Refer to TOD Guidelines for complete description of eligible activities.

Eligible Applicants

Eligible Applicants shall be one of the following:

  1. Developers for Rental Housing Development Projects,
  2. Localities (cities and counties) and transit agencies for Infrastructure Projects.

Guidelines

Webinar Dates

None at this time.

Get Funding

Applications are invited through the issuance of Notices of Funding Availability (NOFAs).

Previous NOFAs

Awards

TOD Round 4 Award Listing 1.29.2021 (PDF)

Fiscal Year 2013-2014 Award List (PDF)

Program Forms

Loan Closing Documents

NOTE: View sample documents use and liability disclaimer on our Condition of Use.

TOD Specific Documents

TOD loan closing documents will be available by Round 4 NOFA award date.

Documents Applicable to all NOFAs

Project Construction Sign Requirements

Management Memos

At this time, there are no Management Memos for the TOD Program on the website.

Training and Technical Assistance

At this time, there are no TOD Training and Technical resources on the website.