Regional Growth 2040 Growth Concept focuses growth on transit centers and corridors inside a tight UGB. Local Management, 1994 governments must comply with the regional plan requirements by adopting growth targets, parking maximums, minimum densities, and street connectivity standards. TOD Implementation Uses a combination of local and federal transportation funds to spur the construction of TOD. The level of Program, 1998 involvement in 12 TODs has ranged from $50,000 to $2 million. The primary use of funds has been for site acquisition and TOD easements. Local Tools Joint Development, TriMet has written down the of land reflecting "highest and best transit use" to leverage three 1997 innovative infill projects along the Westside and Interstate LRT. Tax Increment The city of Portland has used TIF for TODs in Renewal districts to make public investments, increase Financing (TIF) density, and secure affordable housing. Westside Station-Area TriMet, and ODOT funded preparation and adoption of plans by local governments for the area Planning, 1993-1997 within ½ mile of LRT stations. Plans included minimum densities, parking maximums, a design overlay for building orientation to transit, and prohibition of automobile-oriented uses.
Regional Growth Management, 1994 2040 Growth Concept focuses growth on transit centers and corridors inside a tight UGB. Local governments must comply with the regional plan requirements by adopting growth targets, parking maximums, minimum densities, and street connectivity standards. TOD Implementation Program, 1998 Uses a combination of local and federal transportation funds to spur the construction of TOD. The level of involvement in 12 TODs has ranged from $50,000 to $2 million. The primary use of funds has been for site acquisition and TOD easements. Local Tools Joint Development, 1997 TriMet has written down the of land reflecting "highest and best transit use" to leverage three innovative infill projects along the Westside and Interstate LRT. Tax Increment Financing (TIF) The city of Portland has used TIF for TODs in Renewal districts to make public investments, increase density, and secure affordable housing. Westside Station-Area Planning, 1993-1997 TriMet, and ODOT funded preparation and adoption of plans by local governments for the area within ½ mile of LRT stations. Plans included minimum densities, parking maximums, a design overlay for building orientation to transit, and prohibition of automobile-oriented uses.