Excerpt:

Bay Area housing and transportation planners are finalizing a new regional development strategy that could channel badly needed dollars into future development efforts at Alameda Point and Alameda’s Northern Waterfront, though city staffers fear it may not be enough money to support needed transportation improvements for all the homes and jobs the developments are expected to accommodate.

The Plan Bay Area aims to slow suburban sprawl in favor of townhomes and apartments near jobs, shops and transit by funneling billions of dollars in transportation and other funding into 170 “priority development areas” across the nine-county Bay Area and by allowing certain types of development along wider swaths of the Bay Area to proceed with less scrutiny than is typically required.

The plan is slated to be approved by the governing boards of the Association of Bay Area Governments, which oversees planning for housing, and the Metropolitan Transportation Commission, the Bay Area’s regional transportation planners, this summer.