Provide Financial Incentives for Sustainable Transportation
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Description
- Builds awareness, understanding, and encourages the use of sustainable modes by removing financial barriers.
- Providing financial incentives such as bikeshare and carshare memberships (if available) enables sustainable travel options to be more competitive to achieve modal targets.
Guidance
Option 1:
- Applicant does not provide a subsidy for other sustainable transportation initiatives.
Option 2:
- Applicant provides a 25% - 100% subsidy for other sustainable transportation initiatives (e.g. carshare or bikeshare memberships).
- For non-residential uses, offer employees a taxable, commuting allowance which can be used towards choosing a sustainable mode of travel (e.g. transit fare, or bicycle maintenance).
Development Review
- The applicant shall specify the level of contribution or incentive using the TDM Toolkit.
- The applicant and City of Vaughan shall include the provision of financial incentives as a condition of the applicable development agreement and/or through a letter of credit.
Monitoring and Reporting
- Submit completed monitoring survey results to the City of Vaughan at the required intervals.
York Region Required
Yes
Category
Promotion
Character Areas
VMC
Group 1
Group 2
Other Zones
Land Uses
Residential
Commercial
Industrial
Institutional
Effectiveness
1
Typical Cost
Low
Points
1 to 4
Additional Resources
Development Engineering