Oakland, Sacramento Dominate 1st Round Of TOD, Infill Grant Awards
29 July 2008 - 10:09am
| Author: William Fulton
The state has gone into the infill and transit-oriented development business for the first time. But it is hard to say whether the state government’s newfound interest will reshape California.
Using money from Proposition 1C, adopted by the voters in 2006, the Department of Housing and Community Development (HCD) recently awarded almost $500 million in infill infrastructure grants and transit-oriented development (TOD) grants. No, it’s probably not enough to alter the state’s growth patterns. But it is enough to get some projects off the ground that otherwise might have languished in the real estate downturn.
Price: $2.95 » login or register to post comments | add to cart
Using money from Proposition 1C, adopted by the voters in 2006, the Department of Housing and Community Development (HCD) recently awarded almost $500 million in infill infrastructure grants and transit-oriented development (TOD) grants. No, it’s probably not enough to alter the state’s growth patterns. But it is enough to get some projects off the ground that otherwise might have languished in the real estate downturn.
Price: $2.95