AgdaPkt 2019-02-25 Joint SA PFA - Laserfiche WebLink

Browse Search

8.A. - Page 57 of 77 Potential Funding Sources Implementing the local vision for the corridor will require securing funding from many different sources. The following funding sources are anticipated to be the best fits for the project: • Caltrans Active Transportation Program (ATP): While ATP is one of the most competitive statewide and regional grant funding sources, the EI Camino corridor in Redwood City is likely a strong contender for grant funding. One of the primary scoring criteria is benefit to disadvantaged communities, which is applicable to most of the corridor. With the safety benefits for active modes and the significant walking and biking comfort improvements, the project would likely rank high.This grant would likely only be applicable to the walking and biking related improvements. It is anticipated that some of the landscape and transit improvements would not be eligible. ATP Cycle 5 is expected to start in Spring 2020. • Caltrans Highway Safety Improve Program (HSIP): HSIP intends to address areas with serious documented safety records. The primary metric for this a cost benefit ratio that heavily weighs fatal and severe injuries. As this segment of EI Camino has a high proportion of bicycle and pedestrian - related collisions, the project will likely be very competitive for this funding source. This grant is primarily used to fund specific safety countermeasures, so project definition requires documented safety benefits for collision type. Collision types on the study corridor identified through this study should be a useful reference for an HSIP application. Another round of HSIP grants is likely to be announced in spring of 2019 or 2020. • Bicycle/Pedestrian Improvement Program (BPIP): As the local congestion management agency, C/CAG distributes One Bay Area Grant (OBAG) grant funding through the BPIP and the Transportation for Livable Communities (TLC) Program every 4-5 years. As a part of OBAG funding, priority is given to projects either fully or partially within a Metropolitan Transportation Commission (MTC) -designated Priority Development Area (PDA) or providing access to/from within 0.5 mile of a PDA. PDAs are designated locations where the region strategically wants to grow. Portions of the study segment are within PDAs and the corridor provides access to PDAs located Downtown. The goal of the BPIP is to continue to build out bicycle and pedestrian improvements to better connect San Mateo County to local destinations and the multimodal transportation network. An application for the same project cannot be submitted to both the BPIP and the TLC program. The last BPIP grant cycle was in 2016. • Transportation for Livable Communities (TLC) Program: As the local congestion management agency, C/CAG distributes One Bay Area Grant (OBAG) grant funding through theirTLC Program. As a part of OBAG funding, priority is given to projects either fully or partially within a Metropolitan Transportation Commission (MTC) -designated Priority Development Area (PDA) or providing access to/from within 0.5 mile of a PDA. PDAs are designated locations where the region strategically wants to grow. Portions of the study segment are within PDAs and the corridor provides access to PDAs located Downtown. Bicycle and pedestrian improvements as well as multi -modal streetscape improvements (pedestrian -scale lighting, way -finding signage, and bicycle/ pedestrian treatments) are eligible for the TLC program; the program focuses on capital improvements and construction for amenities that"revitalize public spaces and promote and enhance alternative transportation" An application for the same project cannot be submitted to both the BPIP and the TLC program.The IastTLC grant cycle was in 2016. • Affordable Housing and Sustainable Communities (AHSC) program: Funded through statewide Cap and Trade funds, the AHSC grants help fund affordable housing but can include substantial transportation improvements within one mile of the affordable housing site. Recent cycles have placed greater emphasis on transportation improvements. Given the need for affordable housing in the area identified in the Corridor Plan, this could be an important grant funding source. However, it is reliant upon opportunities to coordinate with housing developers. The City should flag and pursue the grant as interest in affordable housing development arises on parcels along or near the corridor. Senate Bill 1: With the passage of the statewide transportation bill in 2017, additional funding sources are likely to become available for transit projects to reduce vehicle miles traveled (VMT). Bus stop improvements for this corridor, such as bus boarding islands, may be eligible. 206 42