Amazon’s TOD commitments also focus on promoting equity across racial and economic lines and offer a double benefit to low- to moderate-income families by providing easy access to quality transit that connects them to the rest of the region. Among those investments, the Fund committed $100 million to developers working with Sound Transit in Washington state; $125 million to developers working with Metro in the Arlington, Virginia-Washington, D.C. area; and $75 million to developers near WeGo Public Transit locations in Nashville, with the goal of creating 800 affordable homes near active transit corridors in each location by or near 2026.
However, when transportation costs are taken into consideration, only 26% of U.S. neighborhoods are actually affordable to a typical household. Furthermore, a 2019 report by the U.S. Bureau of Labor Statistics shows that nationally, the average household spends 13% of their income on transportation costs (the second highest expense after housing.) This percentage increases for households making 80% of area median income and below—households that are disproportionately in communities of color. These statistics emphasize the need for quality housing that is affordable near public transportation.
Transit Partnership Project Locations
- New Carrollton (New Carrollton, MD)
- College Park (College Park, MD)
- Congress Heights (Washington, DC)
- Angle Lake (SeatTac, WA)
- Spring District (Bellevue, WA)
Transit-Adjacent Projects (within ½ mile of high-capacity transit corridors)
- Spring Hill (Tysons Corner, VA)
- Capital Heights (Capitol Heights, MD)
- Envision Cayce Place (Nashville, TN)
- Lindsley Avenue (Nashville, TN)