Dana Hawkins-Simons writes about how the Denver TOD Fund produces and ensures equitable, affordable development around the city's expanding transportation network.
"Equitable transit oriented development (TOD) aims to prevent [rapidly increasing rents] by including housing that’s affordable to local residents in the development plan early on, and assuring that it remains so for decades to come," writes Hawkins-Simons.
The article details the work of the Urban Land Conservancy (ULC), working with Enterprise Community Partners, the city and county of Denver, and other investors to "establish the first affordable housing TOD acquisition fund in the country."
"The purpose of the Denver TOD Fund is to support the creation and preservation of over 1,000 affordable housing units strategically located near transit, as the region builds 122 new miles of rail lines through the FasTracks plan. ULC’s primary role is strategic property acquisition and land assembly, and they oftentimes partner with other organizations— both nonprofit and for-profit—to develop those properties. At times, the ULC also functions as a community land trust, by retaining long-term ownership and stewardship of the land, ensuring the property will benefit the community for generations."
FULL STORY: Living the TOD Lifestyle in Denver: Growing Transit and Affordable Housing

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Chicago’s Ghost Rails
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Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.

Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.

MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.

Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
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