Benefits

Posted by | Jun 26, 2011 | Comments Off
Benefits of transit-oriented development include:
  • Reduced vehicle miles traveled (VMT) which lowers regional congestion, air pollution and greenhouse gas emissions.
  • Walkable communities that accommodate more healthy and active lifestyles.
  • Increased transit ridership and fare revenue.
  • Potential for added value created through increased and/or sustained property values.
  • Improved access to job centers and economic opportunity for low-income people and working families.
  • Expanded mobility choices that reduce automobile dependence, reduce transportation costs and increase disposable  income.

 

Source: 2010 Inventory of TOD Programs: A National Review of State, Regional and Local Programs that Fund Transit-Oriented Development Plans and Projects (January 2011, Reconnecting America)

 

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