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J Program Options for an Expanded TLC Program <br /> Given the regional needs and the experience of other regional TOD and infill investment <br /> programs, there are several options to create such a program in the Bay Area. MTC's <br /> evaluation of the current TLC Program has highlighted the need for increased funding and <br /> a flexible grant cycle, but has not yet explored the options for establishing an expanded <br /> program. This expanded program should meet regional and local needs, and be accountable <br /> for achieving regional goals and objectives. <br /> TOD FINANC ING PROGRAM OBJECTIVES <br /> In addition to the revised TLC program goals outlined earlier, this White Paper has used a <br /> set of program objectives to provide a framework for understanding different approaches <br /> to establishing an expanded TLC Program. Specifically, this White Paper has identified <br /> programs options intended to support well- designed housing and mixed -use developments <br /> that: <br /> 1. Are within walking distance of a variety of shops, employment and services; <br /> 2. Will produce fewer vehicle trips and vehicle miles - traveled; <br /> 3. Will increase current or future transit ridership; <br /> 4. Incorporate innovative parking management strategies including car - sharing; <br /> 5. Minimize the environmental footprint; <br /> 6. Exceed standards for affordability and ADA access; and <br /> 7. Enjoy local support due to a prior collaborative and inclusive planning process. <br /> The program goals and objectives are included at the conclusion of this White Paper <br /> as Appendix A and these program objectives are also used to review potential program <br /> evaluation approaches and metrics in Appendix C. <br /> POTENTIAL PROGRAM OPTIONS <br /> Based on the understanding of the case studies and taking into account the program <br /> structure in place with the current TLC program, there are a number of possible approaches <br /> to a direct investment program. These approaches may require different funding levels <br /> and may be best served by alternative funding sources and structures (such as grants vs. <br /> 22 FINANCING TRANSILORI EN "ED DEYELOFRIENT N THE SAN FRANCISCO SAY AREA <br />