Agenda - Council - 06/28/2016 - Laserfiche WebLink

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In addition, FTA considers the "extent to which the plans and polices account for long-term affordability and the needs of very- and extremely -low-income households in the corridor. 1138 The Council ieseeking touse its planning role tohelp local traneitvvayprojects eucceedin the competition for millions of dollars in federal New Starts and Small Starts funding. Among thetechnica|inveetnnentfactonaforaettin8regiona|tranaitvvayprioritieaareaevera|houein8related criteria, including: - * Population living within one-half mile ofproposed stations. * Number of affordable housing units within one-half mile of proposed stations. * Housing Performance Score (see more inPart |||). * Land use plans supportive oftranaitvvay residential densities. * Zoning, building codes, and ordinances supporting affordable housing. • Program for maintenance/preservation of affordable units. |naddition, the 2040 TransportationPolicy Plan outlines expectations for residential density for new housing, mixed -use development, and redevelopment around transit stations and high -frequency transit service. Integrating housing development and transit planning creates development patterns that expand travel choices for households, allowing more people the option to live without a car or with fewer cars per household, and support high transit demand. CoUDCilr0le p Include housing criteria in the |8Dd use and development measures f0[t[8nSitm8y prioritization. • Define density expectations for new housing and mixed -use development and redevelopment around transit stations and high -frequency transit service. * Expect local plans and programs to create or preserve a mix of housing affordability near transit stations. 37 Federal Transit Administration, U.S.and Rating Process: Final Policy auivanoe^(August 2o13).p.11.Retmevedhnmmtp://www.fto.dot.govmooumenxs/me'ee_Final_Ponoyauidonoe_ Auoust_2n1o.pdf. HOUSING POLICY PLAN "TWo:Pwncipve!�: Aana*oimoimaoiration.collaboration and aocwmntami|wv