Committee backs bill to incentivize housing around planned high‑speed rail stations
AB 314 would allow localities to count fully funded, under-construction high-speed rail stations toward greenhouse-gas reduction projects that unlock housing and transit‑oriented development credits; the committee passed the bill as amended to Appropriations.
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Assemblymember Arambula told the committee AB 314 aims to encourage transit-oriented development (TOD) around planned and existing high-speed rail stations by allowing certain station milestones to trigger eligibility for housing and emissions‑reduction funding programs. He said TOD prioritizes pedestrian access and can catalyze housing and local economic growth.
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