VTA's Transit-Oriented Development team creates mixed-use, mixed-income developments on VTA land through partnerships with nonprofits, private developers, and public sector agencies. VTA remains the property owner over the project's life and has a long-term commitment to the success of every development.
VTA has three goals for each of its Transit-Oriented Development projects:
1. To increase transit ridership on bus and light rail
2. To generate revenue to support transit services and
3. To catalyze Transit-Oriented Communities.
Transit-Oriented Development projects are required to abide by the principles in the VTA Transit-Oriented Communities Policy, including requirements for transportation demand management (TDM) and affordable housing:
- At least 25% of the housing units in any project must be affordable to households earning 60% of Area Median Income and below;
- At least 40% of all housing units across VTA's overall Transit Oriented Development portfolio must be affordable to households earning 60% of Area Median Income and below; and
- At least 50% of all affordable housing units must be for households earning 50% of Area Median Income and below.
VTA values transparency in sharing how our decisions are made. For Transit-Oriented Development projects, VTA uses a five-step process for planning and implementation. All VTA Transit-Oriented Developments are required to meet the same jurisdiction and state standards, laws, and processes as any other proposed development.
