1. Short title
This Act may be cited as the “Maximizing Our Redevelopment and Efficiency for Transit Oriented Development Act” or the “MORE TOD Act” .
Maximizing Our Redevelopment and Efficiency for Transit Oriented Development Act
A BILL
To amend MAP–21 to provide that certain station projects are eligible for funds under the program for transit-oriented development planning, and for other purposes.
2. Transit-oriented development planning projects
in paragraph (1)—
in subparagraph (A) by inserting “, or a covered station project” before the period; and
by adding at the end the following:
“(C) Covered station—The term “covered station” means a station servicing a fixed guideway system that was constructed with, or otherwise received, Federal funding.”
in paragraph (2)—
in subparagraph (A) by inserting “and equitable” after “enhance”; and
in subparagraph (D) by inserting “, inclusive, and mixed-income” after “mixed-use”.
3. Allocation of funds
Section 5338(a)(2)(B) of title 49, United States Code, is amended—
by striking “2020” and inserting “2019”; and
by inserting “, $20,000,000 for fiscal year 2020, $21,000,000 for fiscal year 2021, $22,000,000 for fiscal year 2022, $23,000,000 for fiscal year 2023, $24,000,000 for fiscal year 2024, $25,000,000 for fiscal year 2025, and $26,000,000 for fiscal year 2026,” before “shall be available”.