California AB2552 amends the California Environmental Quality Act to establish a Transit-Oriented Development Implementation Fund for mitigating.

California AB2552 amends the California Environmental Quality Act (CEQA) to create the Transit-Oriented Development Implementation Fund. This fund will support vehicle miles traveled-efficient affordable housing or related infrastructure projects to mitigate significant transportation impacts. The Office of Land Use and Climate Innovation must issue guidance on this fund by July 1, 2026. The fund prioritizes projects in location-efficient areas, aiming to reduce vehicle miles traveled and promote sustainable development.

California AB2552 amends the California Environmental Quality Act to establish a Transit-Oriented Development Implementation Fund for mitigating.

California AB2552 amends the California Environmental Quality Act (CEQA) to create the Transit-Oriented Development Implementation Fund. This fund will support vehicle miles traveled-efficient affordable housing or related infrastructure projects to mitigate significant transportation impacts. The Office of Land Use and Climate Innovation must issue guidance on this fund by July 1, 2026. The fund prioritizes projects in location-efficient areas, aiming to reduce vehicle miles traveled and promote sustainable development.