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MTC grant

From: <mouldnman_at_(domain_name_was_removed)>
Date: Thu Dec 27 2007 - 20:13:40 PST

December 27, 2007

 

Menlo Park Mayor and Council Members

 

There seems to be some confusion on the 2200 housing units within the half mile radius around the station. In the beginning the Metropolitan Transportation Commission (MTC) wrestled over how to establish a threshold for Transportation Oriented Development (TOD.s) regionally. At one time the thought was to allow an equal unit for housing (plus a 50% bonus for Below Market Rate Units (BMR.s)) and an equal unit for jobs in the half mile radius. The evolution of resolution 3434 eliminated the job count and only focused on the housing element. This obviously was a huge disadvantage to Menlo Park which has more jobs than housing in the half mile radius.

 

Listening to public testimony and discussion among the council I.d like to point out a couple of conceptual points. The 2200 units around the stations in the corridor is an average for the corridor not a demand per station. In other words there are five stations (Union City, Fremont, Newark, Menlo Park & Redwood City) therefore the threshold is 11000 housing units collectively in the corridor. For example if Union City & Redwood City collectively had 11000 housing units Menlo Park wouldn.t need to have any (although that.s not the spirit of the grant). Existing housing is part of the count not just new housing.

 

In counting the 2200 housing units ABAG uses 1) existing housing as determined by census tracts 2) planned housing as supported by current zoning and then 3) future zoning that is supported by appropriate General Plan amendments. As of November 9, 2005 ABAG Projections by Census Tract are as follow.

 

Totals for the Station AreaHousing Units in 2005ThresholdNeeded

 

Fremont2,833

Menlo Park613

Newark765

Redwood City2,651

Union City2,165

Total 9,027 11,000 1,973

Average per Station 1,805 2,200 395

 

Note: Once the corridor threshold is met MTC will then release Regional Measure 2 funds for construction.

 

 

 

If you have any questions feel free to contact me.

 

Sincerely,

Jim Calhoun

 


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