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Portland Metro's Transit Oriented Development and Centers Program (Portland, OR) This grant program is available to developers for elements of construction projects (such as increased density or structured parking) that may not be feasible in the development market currently due to location or infrastructure costs. The program uses long -term easements on projects to ensure accountability for the grant funds. Funding is currently at about $4 million/ year, but this has not been enough to keep up with demand. Federal transportation funds have been swapped with local funds to increase the Flexibility of the program. The average grant per project is approximately $300K, but Metro is planning to expand the funding to make larger grants available. Metro has also acquired land through the program for landbanking and project implementation purposes. The Metropolitan Council's Livable Communities Demonstration Account (LCDA) (Minneapolis -St. Paul, MN) This LCDA is available to local jurisdictions applying on behalf of developers for infrastructure upgrades, transportation improvements (including parking structures), and land assembly. Funding recommendations are made by an Advisory Committee composed of a broad cross - section of stakeholders from around the region. The Advisory Committee rates projects on criteria including land use, innovation, and project readiness and makes recommendations to the Met Council. The program uses funding from a regional tax levy that must be renewed every year, but has thus far been extremely popular. Funding is currently $8 million /year. While there is no cap on individual project funding, the largest grant to date has been $2.5 million, and a cap of 40% of any year's funding can be used within Minneapolis and St. Paul. Many projects that receive funding also apply and receive funding in subsequent years. The North Central Texas Counc I of Governments (NCTCOG) Sustainable Development Funding Program (Dallas -Fort 'North, TX) This funding program is available to local jurisdictions with separate funding streams for infrastructure, land banking, and planning. $40 million in funding for the Sustainable Development program came from local infrastructure funds "swapped" with Federal transportation funds (CMAQ and STP -MM). Around $8 million (no more than 20% of the total) was allocated for landbanking projects. Local jurisdictions must apply with public - private partnerships already in place. Developers work with cities to prepare applications. Some of the larger jurisdictions do their own "call" for projects and prioritize them based on local goals. For most projects, and especially landbanking projects, the individual project requests have been larger than NCTCOG can fund. Funds not expended —or without a Notice to Proceed — within a certain time frame must be returned to NCTCOG and are then redistributed to other projects. For the landbanking prorgram, cities are required to pay back the entire principal funding amount, regardless of the success or failure of the development. This means cities can participate in the "upside" of development, but are also required to bear some of the risk. Casc Stmiies of T00 Financing Programs 19