Transit Oriented Development Housing Program (TOD)
Under the program, low-interest loans are available as gap financing for rental housing developments that include affordable units, and as mortgage assistance for homeownership developments. In addition, grants are available to cities, counties, and transit agencies for infrastructure improvements necessary for the development of specified housing developments, or to facilitate connections between these developments and the transit station.
Infill Infrastructure Grant (IIG) and TOD Programs Disbursement Extensions:
- Disbursement Extension Memo (PDF)
- IIG Guidelines Extension Language (PDF)
- TOD Guidelines Extension Language (PDF)
Maximum loan and grant, or combination of the two, for a single housing development or for a single housing developer applicant, including any affiliates of such applicant, is limited to $17 million per funding round. The total maximum amount of Program assistance for applications based on a single Qualifying Transit Station and all awards of Program funds over the life of the Program is $50 million.
Loans for the development and construction of housing development projects within one-quarter mile of a transit station. Grants for the provision of infrastructure necessary for the development of higher density uses within one-quarter mile of a transit station. Refer to TOD Guidelines for complete description of eligible activities.
Cities, cities and counties, transit agencies, and developers.
Applications are invited through the issuance of Notices of Funding Availability (NOFAs). For previous NOFAs and application materials, guidance, and awards made under previous NOFAs, check the NOFA page.