Los Angeles Receives $100M for Affordable Transit Oriented Development

City Terrain, West
Thursday, October 31, 2013
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Los Angeles Light Rail (Courtesy Margaret Napier / Flickr)

Los Angeles Light Rail (Courtesy Margaret Napier / Flickr)

The Local Initiatives Support Corporation (LISC), a national philanthropic organization that provides monetary support for the shoring up of distressed communities, has pledged $100 million in capital to lead an effort to develop 15 low-income neighborhoods in the City of Los Angeles. Under the city’s Measure R, plans for expansion of light rail and rapid bus lines within these communities are currently underway. The monetary initiative by LISC will continue development beyond transit, expanding affordable housing, schools, businesses, and community facilities, and will complete market assessments of each neighborhood to strategize locale-specific investment.

Continue reading after the jump.

Anti Sprawl/ Pro Transit… in California??!!

Other
Wednesday, October 1, 2008
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This.. is....SPRAWL

This.. is....SPRAWL

After weeks of waiting, California Governor Arnold Schwarzenegger finally passed anti-sprawl bill SB 375 into law today, reports the LA Times. Among other things the measure will reward sustainable, dense, and transit-oriented communities with more state funds and will also discourage development on valuable untouched land. It will also call for state agencies to study new developments’ effects on transit patterns and on greenhouse gas emissions.

Next up: Measure R, Read More

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