Tag: vmt bank

SBCTA Developing Pilot VMT Mitigation Bank to Support Sustainable Development

SBCTA is piloting a Vehicle Miles Traveled (VMT) Mitigation Bank, funded through the SCAG REAP 2.0 grant, to offer a flexible and cost-effective way for developers and transportation project sponsors to meet VMT mitigation requirements. The bank enables the exchange of VMT reduction credits, which can be generated by individuals who reduce their commute-related driving […]