Comprehensive TOD Funding Guide
Funding is a critical and complex piece of the development puzzle. To ease your search for public funding partners and sources, the TOD Office compiled a comprehensive funding guide.
The TOD Funding Guide, updated in 2023, provides information on potential funding sources and financial tools for TOD projects for developers, municipalities, community development departments, and other practitioners and organizations. This funding guide is a comprehensive and dynamic database, sortable by many variables including type of project, source of funds, type of funding program, and size of funding need and includes contact information for each program. The first tab in the spreadsheet is a User Guide to help maximize the utility of this tool.
Access the full TOD Funding Guide
Key Local TOD Grant Programs for Developers and Cities
Metropolitan Council TOD and Development grants
The Council’s Livable Communities Grants includes TOD grants (LCA-TOD) that support moderate- to high-density development projects located within walking distance of a major transit stop that typically include a mix of uses such as housing, jobs, restaurants, shops, and entertainment.
Visit the Metropolitan Council TOD Grant program webpage
The Council also offers pre-development grants for early stage development activities.
Visit the Metropolitan Council Pre-Development Grant program website
Another type of grant the Council offers is a policy development grant. This grant is focused on supporting local government in developing policy that promotes equitable development.
Visit the Metropolitan Council Policy Development Grant program website
Hennepin County TOD grants
The Hennepin County Board of Commissioners has authorized approximately $2 million in grant funds per year for TOD projects throughout Hennepin County that support TOD principles, including walkability, transit ridership and compact, efficient use of space. TOD Development grants are available for redevelopment, public infrastructure projects, and land acquisition. TOD Predevelopment grants are available to "support emerging developers, particularly those from historically marginalized groups, to overcome barriers to financial and knowledge capital.”
Visit the Hennepin County TOD Grant program webpage
Hennepin County also offers grants for planning, which could be used for projects like small area plans or station area plans.
Visit the Hennepin County Planning Grant program webpage
Ramsey County Critical Corridors Programs
Ramsey County's Critical Corridors programs offer assistance to qualifying public, private and nonprofit organizations for place-based investments along major transportation, commercial and cultural corridors. These can be used for pre-development planning, development and infrastructure, and commercial corridor initiatives.
Visit the Ramsey County Critical Corridors Programs page