$100 Billion in Available Funding
At the end of May, the Build America Bureau, part of the United States Department of Transportation (USDOT), released new guidelines for transit-oriented development (TOD) projects seeking funding. The organization defined TOD as projects designed on economic development near transit, rail, and city busy facilities in order to create pedestrian accessible residential and commercial centers. USDOT secretary Pete Buttigieg explained the focus of the guidelines is towards improving public transit to increase safety for pedestrian walking, biking, in wheelchairs, or other means of similar transportation. Buttigieg described the benefits of implementing the guidelines as they "will help communities use transit-oriented development to save residents time and money, reduce pollution and carbon emissions, and make jobs accessible to more people."