ABSTRACT

This chapter aims to adopt three reforms: Charge the right prices for curb parking, Return the parking revenue to the blocks where it is generated, to pay for public services, Remove minimum parking requirements. Modern technologies, ranging from pay-by-cell-phone parking payments to license plate recognition systems, are making it cheaper, faster, and easier to implement parking pricing. Communities are also increasingly realizing that many cities have turned away from minimum parking requirements entirely, adopted better strategies, and have seen neighborhoods thrive as a result. Point out how minimum parking requirements harm low-income families and describe how the alternative strategies can improve social equity. In Hayward, removing minimum parking requirements made it financially feasible to convert underused parking lots into below-market-rate housing for struggling families and seniors. The reforms helped make it possible for a development team to invest $121.5 million to transform former BART parking lots into 357 new affordable and market-rate homes.