A Region-by-Region Look at "Shovel-Readiness"
8 September 2009 - 5:00am
NPR looks at a few of the areas that have submitted proposals for high-speed rail funding.
"The Obama administration will soon announce the recipients of grants from an $8 billion high-speed-rail fund. Almost 300 proposals have been received, collectively requesting more than $100 billion.
The administration will have to be highly selective, and it is likely to favor those projects that are the furthest along in their planning and have state or private sources of funding committed.
NPR looks at where the key regions of Florida, the Northwest and the South stand in the process."
Full Story:
Some Regions Better Prepared For High-Speed Rail
Source:
National Public Radio, September 1, 2009
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The circumstances that many localities and planning departments are suffering in the current economic winter will no doubt generate stress on administrations and service levels. The economy, combined with the housing bubble, has dealt a double blow to local budgets and revenue streams.
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