The NO TOD Act would eliminate federal financing support for transit-oriented development projects, which are designed to combine commercial or residential development with public transportation access. The bill removes transit-oriented development from eligibility under two major federal transportation financing programs: the Transportation Infrastructure Finance and Innovation Program and the Railroad Rehabilitation and Improvement Financing Program. The legislation also eliminates a transit-oriented development planning pilot program established under previous transportation law. These changes would apply to any project applications submitted after the bill becomes law, immediately preventing new transit-oriented development projects from accessing these federal financing tools. The bill does not specify funding amounts or allocate resources elsewhere, instead simply closing off these financing mechanisms for this category of projects.
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