The Federal Transit Administration (FTA) yesterday announced the availability of $25.8 million in grant funds to support planning for transit-oriented development (TOD).The competitive grant funds will be distributed under the FTA's Pilot Program for Transit-Oriented Development Planning, which provides funding to integrate land use and transportation planning along eligible transit projects, FTA officials said in a press release.The grants will fund comprehensive planning to support transit ridership, multimodal connections and mixed-use development near transit stations."It is important for communities and transit agencies to comprehensively plan their public transportation systems to improve mobility and access to transit," said FTA Acting Administrator K. Jane Williams. "This program is an excellent opportunity for cities and towns to maximize transit-oriented development around their transit systems and ensure they are capturing the value associated with transit."The FTA's notice of the grant funding has been posted in the Federal Register.
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