Bill > AB1244

This bill proposes a voluntary mechanism for developers to mitigate transportation impacts under the California Environmental Quality Act (CEQA) by contributing funds to the Transit-Oriented Development Implementation Fund based on vehicle miles traveled (VMT). Specifically, developers can choose to pay a per-mile rate determined by the Office of Land Use and Climate Innovation, which will update this rate every three years. The contributed funds will be appropriated to the Department of Housing and Community Development to fund affordable housing developments, with priority given first to projects within the same city or county as the original project, and then to projects within the same county. The bill requires the department to confirm the estimated VMT reduction for each funded project and publicly disclose detailed information about funded developments, including location, unit count, total cost, and projected VMT reduction. The legislation is motivated by research showing that affordable housing near transit can significantly reduce vehicle miles traveled, with lower-income households driving 25-30% fewer miles when living within half a mile of transit, and nearly 50% fewer miles when within a quarter-mile of frequent transit. The bill aims to provide an efficient, consistent approach for developers to meet CEQA transportation impact mitigation requirements while supporting affordable, transit-oriented housing development.

Agriculture and Natural Resources, Budget and Finance, Housing and Urban Affairs

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB1244