Creating Equitable Transit Neighborhoods in the San Francisco Bay Area

Ken KirkeyAssociation of Bay Area Governments

Housing Plus Transportation Costs in Bay Area

The high combined costs of housing and transportation leave many Bay Area households with insufficient remaining income to comfortably meet their basic needs.Average AnnualHousing Costs

$28,045_____________

% of Income

39%

Average AnnualTransportation Costs

$13,375_____________

% of Income

20%

Average Annual Housing + Transportation Costs

$41,420_____________

% of Income

59%

+ =Housing Transportation Combined

Boston $22,373 $11,927 $34,300Boston (%) 35% 19% 54%D.C. $22,960 $13,234 $36,194D.C. (%) 29% 18% 47%

Bay Area H+T Affordability Study

Housing Costs as % of

Income forModerately

Low-IncomeHouseholds

($35-60K)

H+T: Moderately Low Income

Housing + Transportation

Costs as % of Income for

Moderately Low-IncomeHouseholds

($35-60K)

Low Income H+T Options Few

H+T Costs as % of

Income for Low-IncomeHouseholds

(< $35K)

• “Drive till you qualify” does not meet the region’s need for affordable options

• Lower-income households face a disproportionate affordability burden and few choices

Source: ForeclosureRadar.com

H+T Conclusions: Preserve and Promote Affordable Choices

FOCUS - Regional Blueprint Planbased on local plans and shared goalsOver 55% of future

housingInfill, TOD locationsUnknown affordability

for 2040Proposed jobs, if built,

exacerbate regional jobs/housing

Regional Housing Need & Construction: 1999-2006

0

50000

100000

150000

200000

250000

RHNA Allocation Permits Issued

AboveModerateModerate

Low

Very Low

Affordable Units Produced: RHNA 1999-2006

0

1000020000

3000040000

5000060000

70000

Very Low Low Moderate

Unfurnished Permits Issued

MTC/ABAG Planning Grantsestablished in 2005 using Federal transportation $

• Supports existing and new transit• Fund cities to prepare land use plans up to

$750,000• Role of affordable housing to be addressed

locally• What policies work best in different micro-

climates? What minimums should we require?• Need for local partners to be active and

effective, including Great Communities Collaborative

Planning Grants: Affordability

Minimize displacement of existing residents

Provide a range of housing options

Consider appropriate inclusionary housing requirements

Set affordable housing goals

Accessibility/visitability policies

Transportation for Livable Communities Fund – tied to RHNA, affordability

Choose to Participate: MTC & Affordable TOD Fund

1. Equity or Grants

2. Low-interest loans

3. Senior loans• Banks, insurance companies• Other direct commercial lenders• Bond financing

• Foundations• Program Related Investments

•Foundation grants•$10 million MTC grant funds from Transportation for Livable Communities

Bay Area Affordable TOD Fund

• CHALLENGE – Affordable housing developers do not have

sufficient access to capital to acquire or preserve property for affordable housing

• OPPORTUNITY– Great Communities Collaborative, including

San Francisco, East Bay, and Silicon Valley Community Foundations, propose Bay Area Affordable TOD Fund

CA SB 375 & the Sustainable Communities Strategy

• Connects transportation and land planning and housing allocations (including affordable housing)

• What transportation and affordable housing investments are needed for affordable access to essential services and jobs? ~$2 billion estimated need

• What role must local jurisdictions play? How will regional agencies support them?

• Leverage existing ABAG/MTC FOCUS Plan

Ken Kirkeykennethk@abag.ca.gov

510-464-7955

www.bayareavision.org