Dollars and Sense: Financing TOD
TOD in Your Downtown Forum
DATE: Friday, December 10, 2021 | 11am-12:15pm
How are TODs in New Jersey typically financed? How does adding affordable units affect a project’s bottom line? How will financing drive the future of TOD in the Garden State?
This event, hosted by the NJTOD.org, Downtown New Jersey, and NJ TRANSIT’s Transit Friend Planning (TFP) program, will bring together a panel of experts from public, private, and non-profit entities to discuss their experiences with available financing tools and how they are used in transit-oriented development. Drawing from practical examples, panelists will discuss existing financial constraints, available financial tools, advantages of funding sources for affordable units, innovative project models, partnerships with community groups and local leadership, and more. The discussion will help demystify the intricacies of development finance, and provide real-world expertise for municipalities, non-profits, and developers looking to learn more.
Omayra Echenique, Director of Development, RBH Group
Patrick Durkin, Director of Real Estate, Interfaith Neighbors (Asbury Park)
Paul Ceppi, Vice President, Tax Credits and Financing, New Jersey Economic Development Authority
Sheena Collum, Village President, South Orange
Brian Smith, Manager, Transit Oriented Development, Real Estate & Economic Development, NJ TRANSIT