VTA providing funding to help build transit villages in San Jose

The VTA is going to provide 14 grants up to $175,000 to help spur housing and commercial development within a 10 minute walk from three key VTA light rail stations. Those neighborhoods are Downtown San Jose, Santa Clara Street, 28th Street.

Funding will come from ground leases on land the VTA already owns. No new taxes are required.

This is a great initiative as we absolutely need to densify areas around key transportation routes. It is the only way to grow without contributing to the ever-worsening Silicon Valley traffic. 

Source: NBC Bay Area