Presentation from Partners in Innovation Policy Forum)in Denver, CO on September 28, 2010

1. Creating Equitable
Transit Neighborhoods
in the
San Francisco
Bay Area
Ken Kirkey
Association of Bay Area Governments

3. 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 Annual Average Annual Average Annual Housing
Housing Costs Transportation Costs + Transportation Costs
$28,045 $13,375 $41,420
_____________
% of Income
+ _____________
% of Income
= _____________
% of Income
39% 20% 59%
Housing Transportation Combined
Boston $22,373 $11,927 $34,300
Boston (%) 35% 19% 54%
D.C. $22,960 $13,234 $36,194
D.C. (%) 29% 18% 47%

4. Bay Area H+T Affordability Study
Housing Costs
as % of
Income for
Moderately
Low-Income
Households
($35-60K)

5. H+T: Moderately Low Income
Housing +
Transportation
Costs as
% of Income for
Moderately
Low-Income
Households
($35-60K)

6. Low Income H+T Options Few
H+T Costs
as % of
Income for
Low-Income
Households
(< $35K)

7. H+T Conclusions:
Preserve and Promote
Affordable Choices
• “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

8. FOCUS - Regional
Blueprint Plan
based on local
plans and shared
goals
Over 55% of future
housing
Infill, TOD locations
Unknown affordability
for 2040
Proposed jobs, if built,
exacerbate regional
jobs/housing

9. Regional Housing Need & Construction:
1999-2006
250000
Above
200000 Moderate
Moderate
150000 Low
100000 Very Low
50000
0
RHNA Allocation Permits Issued

10. Affordable Units Produced: RHNA 1999-2006
70000
60000
50000
40000 Unfurnished
30000 Permits Issued
20000
10000
0
Very Low Low Moderate

11. MTC/ABAG Planning Grants
established 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

12. Planning Grants: Affordability
Minimize displacement Set affordable housing
of existing residents goals
Provide a range of Accessibility/visitability
housing options policies
Consider appropriate Transportation for
inclusionary housing Livable Communities
requirements Fund – tied to RHNA,
affordability

13. Choose to Participate:
MTC & Affordable TOD Fund
• Banks, insurance companies
• Other direct commercial lenders
3. Senior loans • Bond financing
• Foundations
2. Low-interest loans • Program Related Investments
•Foundation grants
1. Equity or Grants •$10 million MTC grant funds from
Transportation for Livable Communities

14. 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

15. 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

16. Ken Kirkey
kennethk@abag.ca.gov
510-464-7955
www.bayareavision.org