All posts tagged: Transit Oriented Development

Transit Oriented Communities Affordable Housing Incentive Program

On Friday, September 22, the Transit Oriented Communities Affordable Housing Incentive Program (TOC) – implemented by Measure JJJ last November – became effective. This has been a project I have worked on for most of this year and it has been very exciting to see it become a reality. With the rising housing costs in Los Angeles, it has been crucial to develop initiatives that spur more residential housing development. This program can be viewed as a super Density Bonus, which is an ordinance that allows for increased density in exchange for the provision of affordable housing. Affordability is defined as 30% (very low), 50% (low), and 80% (moderate) of the area median income. Though the program is limited to a half-mile radius around Major Transit Stops, as defined by the California State Public Resources Code Section 21064.3, many developers are excited because this new program allows for the possibility of a density increase up to 80% off the base zoning, along with a variety of incentives such as reduction in parking and increase in …