MBTA issued Request for Letters of Interest to assess sustainable revenue opportunities to fund station capital improvements on the Red Line at TOD locations experiencing rapid growth.

Scope of services may include: policy review, research, and analysis; review of zoning, land use, development, and their impacts on transit; economic and financial review, modeling, and analysis; identification of public finance best practices, challenges, and strategies; station-by-station development and financing recommendations; and final report detailing policy best practices and frameworks, station-area development context, and public finance strategies. DBE requirement is 16%.

See https://bc.mbta.com/business_center/bidding_solicitations/pdf/X40PS01%20Public%20Announcement.pdf