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1 <br /> 761a 0prtu niret <br /> In the last decade, central Puget Sound voters have approved a series of high-capacity light rail and other transit <br /> investments—a commitment of approximately $15 billion that will serve the region's most densely populated and diverse <br /> communities for decades to come. These investments present a once-in-a-lifetime opportunity to support and improve <br /> existing communities and meet regional goals through strategies to make great places for people to live and work. In order <br /> to do this,the region must: <br /> Leverage transit investment to build sustainable communities. Transit <br /> investments,such as light rail,streetcars, commuter rail, and bus rapid transit,create <br /> value by connecting communities to the larger region.Transit communities are the best <br /> opportunity for the region to become more sustainable,prosperous,and equitable. r <br /> Create new resources and tools. Current resources available to governmental and <br /> non-governmental agencies alike are not enough. New tools and funding sources will <br /> be necessary to meet infrastructure, economic development, housing, and other <br /> community needs. <br /> Work together across the region and across sectors. It will take collaboration <br /> among a diverse spectrum of public, private,and nonprofit agencies and organizations <br /> working together to promote thriving and equitable transit communities.There are roles -.___for everyone in this process. <br /> The Strategy <br /> How will this all be accomplished? The Growing Transit Communities Strategy calls for regional and local actions that <br /> respond to the challenges and opportunities in transit communities and represent major steps toward implementing VISION <br /> 2040. The Strategy was developed by the Growing Transit Communities Partnership, an advisory body of diverse public, <br /> private, and nonprofit agencies and organizations working together to promote successful transit communities. The <br /> Partnership,which is funded by a three-year grant from the federal Partnership for Sustainable Communities and is housed <br /> at the Puget Sound Regional Council,established three main goals for the Strategy: <br /> • Attract more of the region's residential and employment growth near high-capacity transit <br /> • Provide housing choices affordable to a full range of incomes near high-capacity transit <br /> • Increase access to opportunity for existing and future community members in transit communities <br /> Recommended Strategies and Actions <br /> Twenty-four strategies, guided by a People + Place Implementation Typology, constitute the 'daybook' for the Growing <br /> Transit Communities Strategy. From overarching regional approaches to local and individual actions,together these provide <br /> a set of coordinated steps toward ensuring a prosperous,sustainable,and equitable future. <br /> The Strategy presents 24 strategies recommended by the Growing Transit Communities Partnership and includes specific <br /> actions for PSRC,transit agencies,local governments,and other regional partners.The recommendations address the three <br /> main goals for transit communities.As a whole,the strategies are a call to action for partners across the region to redouble <br /> efforts to create great urban places and build equitable communities around transit. Fully recognizing the strong policy <br /> foundation embodied in regional and local plans, as well as the innovative work in implementing those plans to date, the <br /> Partnership makes these recommendations as a challenge to do more than is being doing today. <br /> 5 <br />