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Task force approves clarified Surplus Lands Act guidance to favor housing and commercial development near major transit hubs
Summary
After public comment and edits, the SB125 task force approved modified recommendations to clarify and streamline the Surplus Lands Act so public-agency land near major transit hubs is prioritized for affordable housing and complementary commercial development.
Task force staff presented tranche 2 material on land use, transit-oriented development and value capture. The staff suggested clarifying the Surplus Lands Act (SLA) to make it easier for public agencies to prioritize housing and development near transit and proposed a dedicated entity or center of expertise to support value-capture finance and project packaging.
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