Building Performance Criteria for the Evaluation and Funding of Priority Development Areas

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Building Performance Criteria for the Evaluation
and Funding of Priority Development Areas

• PDA Discussion
• May 9, 2008

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Priority Development Areas
Partial Preliminary Needs
Purpose billions
Street and Transit 16.0
Utilities 1.9
Recreation and Parks 1.2
Community Amenities 0.5
Housing 3.8
Miscellaneous 0.9
Total 24.3

• About 50 jurisdictions
• Over 100 areas
• About 395,000 new housing units by 2035
• About 50 of projected regional growth

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State Bond Money
Source Account State Region est.
Prop 1C Regional Planning, Housing and Infill Incentives 850M 141.4M
Prop 1C Transit-oriented Development 300M 50M
Prop 1C Housing-related Parks 200M 33.3M
Prop 84 Urban Greening 90M 15.0M
Prop 84 Urban Forestry 20M 3.3M
Prop 84 Local and Regional Parks 400M 66.5M
Prop 84 Planning Grants and Loans 90M 15.0M
TOTAL 1,950M 324.0M
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Possible New Revenue Sources
General Transportation Pricing Land Development Other
Gasoline Fee Bridge Tolls Indirect Source Fees Carbon Trading
Gasoline Tax HOT Lanes Traffic Mitigation Fees
VMT Fee or Tax Cordon Charges Commercial Linkage Fees
Vehicle License Fee Open-Road Tolling Payroll Taxes
Parking Fees or Taxes Tax Increment Financing / Betterment Levies
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The Color of Money
Nexus
Substitution
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Funding on the Horizon

• Planning grants 7.5 M this year another 14 M
  over next couple of years
• 2008/09 TFCA grants 7 to 12 M
• Expanded TLC 60 M/Yr. proposed for RTP
• AB 2744 (Huffman) up to 300 M/Yr.

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Performance Criteria

• Provide comparative basis for awarding funds
• Direct funds to specific expenditure categories
• Measure and evaluate progress

ONE SIZE DOES NOT FIT ALL
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Vehicle Miles Traveled (VMT)

• Reducing auto trip frequency
• Reducing auto trip length
• Decreasing SOV mode split
• Compact development results in 20-40 fewer
  vehicle miles traveled and commensurately less CO2

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Community Improvement

• Inclusive planning
• Identification of needed and desired investments
  and services
• Planning for neighborhood, not projects

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Housing Choice

• Affordability, tenure, form and density
• Housing appropriate to jobs
• Jobs/housing balance

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Transportation Choice

• Facilitation of walking, biking and transit
• Intensity of use appropriate to the transit
  infrastructure
• Complete community

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Land-Use Compatibility

• Addressing of adjacency issues
• Respect for economic and circulation functions
• Environmental justice

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Sustainability

• Economy
• Equity
• Environment

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Questions for Discussion

1. Is VMT the right key measure?
2. Are the supporting criteria the right ones?
3. How should the criteria be applied to very
   different PDAs?
4. What other suggestions do you have?