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a critical mass, and the need to replace existing surface parking reservoirs with structured <br /> parking. The precise barriers are different in different parts of the region, but almost all TOD <br /> and infill projects face some combination of these challenges. Project implementation is <br /> often delayed because these barriers are not always addressed through traditional funding <br /> and financing mechanisms available to local jurisdictions and developers. <br /> There are four Initial considerations for how an expanded TLC Program would function, <br /> including: <br /> > Addressing funding needs at the local level, including how the program would meet both <br /> fiscal and programmatic needs; <br /> > Complementing the role of redevelopment agencies, cities, and developers, including <br /> what potential overlaps there might be; <br /> > Responding to needs and market conditions throughout the regions, including when <br /> different approaches to funding may be necessary given the comparative strength of the <br /> local market; and <br /> > Determining the proper role for regional agencies in funding TOD and infill. <br /> 10 FINANCING TRANSIT ORIENTED DEVELCPMENT IN THE SAN FRANCISCO HAY AREA <br />