Jobs Balancing Investment Fund Improvements Sample Clauses

Jobs Balancing Investment Fund Improvements. This category provides funding for transportation projects that support non-residential development projects considered a high priority to meet economic development policy objectives. Funding for these projects shall come from the “regional” share component of RTIF funding overseen by SJCOG. The maximum funding for any single project is $500,000; the annual program maximum is $1,000,000. Funding limits may be revised by the SJCOG Board. Use of these funds shall be consistent with the adopted RTIF nexus study and compliant with the Mitigation Fee Act. These improvements must meet the following criteria:
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