North Carolina Construction News staff writer
The City of Greensboro has been awarded a $500,000 grant from the Federal Transit Administration’s transit-oriented development planning pilot program. This funding allows the city to study strategies for transit-oriented development around the J. Douglas Galyon Depot. The aim of the study is to explore avenues for revitalizing the surrounding area by leveraging economic opportunities and integrating a diverse range of housing options.
“Representative Kathy Manning’s support is instrumental in helping achieve the City’s priority to provide an Abundance of Attainable Housing,” said Mayor Nancy Vaughan. “This funding will allow the City to explore a variety of housing and mixed-use development with the depot serving as the connector.”
The J. Douglas Galyon Depot, is the main passenger transfer for Greensboro Transit Agency, and a hub for Amtrak, PART, and Greyhound, and provides essential connectivity for residents, promoting easy commuting to work and other opportunities.
The U.S. Department of Transportation’s Federal Transit Administration (FTA) announced a total of $17.6 million in grants to 20 communities in 16 states to support equitable transit-oriented development.
FTA’s Pilot Program for Transit-Oriented Development (TOD) Planning is helping communities develop local plans to encourage ridership by developing housing and businesses near transit corridors.
Each of the selected projects has an affordable housing component and will require no local matching funds, another example of the Biden-Harris Administration’s commitment to promoting equity and housing affordability nationwide.
This second round of TOD planning grants since the Bipartisan Infrastructure Law will help more transit agencies make lasting changes in their communities by setting the stage for future development and jobs creation.
“We are proud to help another 20 communities develop plans to add affordable housing near public transit,” said U.S. Transportation Secretary Pete Buttigieg. “This is an important part of the Biden-Harris Administration’s efforts to increase access to opportunity and bring down costs for families.”
A full list of this year’s selected projects is available here.