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Comment Period Opens for Recently Released SGC Cap-and-Trade Funds Draft Guidelines

Four Guideline Development Workshops Will be Held

September 29, 2014
The Strategic Growth Council last week released preliminary draft guidelines for the Affordable Housing and Sustainable Communities (AHSC) program that will be funded by cap and trade auction revenues.
 
The program has been split into two components: the main AHSC program, and the Sustainable Agricultural Land Conservation (SALC) program.

The AHSC program’s purpose is the reduction of greenhouse gas (GHG) emissions through projects that implement land use, housing, transportation, and agricultural land preservation practices to support infill and compact development, and that support related and coordinated public policy objectives.
 
Cities are strongly encouraged to comment on these programs that could provide significant funding for projects that reduce GHG emissions and meet the objectives of SB 375. 
 
AHSC
 
The main AHSC program will provide grants and/or loans to projects that will achieve GHG reductions through increasing accessibility of affordable housing, employment centers and key destinations via low-carbon transportation options (walking, biking and transit), resulting in fewer vehicle miles traveled (VMT). The draft guidelines have identified two project prototypes to implement this strategy: (A) Transit Oriented Development Project Areas (TOD) or (B) Integrated Connectivity Projects (ICP).
 
Oct. 31 is the deadline to submit comments via email on the draft guidelines. SCG has also scheduled four public guideline development workshops. Reservation is required for the workshops.
 
SALC
 
The SALC program will provide grants and/or loans to projects that will achieve GHG reductions through protecting agricultural lands from GHG-intensive development (e.g., agricultural land conservation easements), resulting in net increases in GHG sequestration. SGC will coordinate with the California Natural Resources Agency and the California Department of Conservation on this part of the grant program. 
 
Comments on the SALC program draft guidelines will be accepted via email through Oct. 31. Public workshops are also planned, but have not been announced.


 
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