Development services, resources, and tools for vibrant communities
De-risking development projects in transit corridors by stabilizing properties with capital where money would not normally flow.
Big Picture
As the regional transportation authority, we are uniquely able to leverage our expertise for economic development. When more people move to a Transit-Oriented Community, it grows the tax base, adds new students to public schools, reduces traffic, mitigates pollution and adds vibrancy. This in turn inspires more investment, both private and public.
We have a distinct power to access federal resources and funding, and we employ a variety of economic development vehicles that other organizations aren't able to access. This includes conduit bond financing, land assemblage, sales tax exemptions, eminent domain, capacity and land management use.
Conduit Bond Financing
We have the ability to issue bonds to partners who are building and developing livable and vibrant Transit-Oriented Communities in the KC region. In simple terms, KCATA can recommend to its board that KCATA invests in developments along the routes we serve.
One of our tools is called a conduit or START Bond accompanied by the START Checklist - a multipoint evaluation system - to determine if development opportunities fit within our mission, strategy and policy to best serve our riders and residents.
Coming Soon: TOCD Consulting Services
In addition to Conduit Bond Financing, we are working diligently to create additional services that will pave a clearer path for partners wanting to develop and build more Transit-Oriented Communities.
Consulting service areas we are exploring:
Community Benefit Agreement advising and support
Evaluation of existing and future transit-oriented interventions
Planning development for TOCD
Tools for best identifying federal funding resources
Assistance with workforce housing and access
TOCD rating certification
Introducing START
Sustaining Transportation And Reinvesting Together
Sustaining
We have expertise and solutions to help now and 20 years from now as we promote vibrant, active and safe neighborhoods and community development.
Transportation
We encourage population density in our region so that more people can benefit from all the different types of transportation we offer - to do this, we support community development in our core areas along transportation corridors.
Reinvesting
We create a cycle of re-investment and equitable growth across the region where transportation facilitates better development and development facilitates better transportation.
Together
Unlike other, siloed approaches to Transit-Oriented Development, KCATA works with civic organizations, developers, and stakeholders throughout the region to ensure that neighborhoods have the connectivity needed to access housing, jobs, education and healthcare.
START Inquiries
If you believe you have a Transit-Oriented Community Development project or are in need of mobility service that KCATA provides, contact us.