Transit Funding Blooming in the Spring
Transportation Secretary LaHood announced that this spring, bus and streetcar projects will receive $280 million as part of the administration's inter-agency sustainable communities partnership.
"'Fostering the concept of livability in transportation projects will stimulate America’s neighborhoods to become safer, healthier and more vibrant,' LaHood said in a statement on the grants.
The money is set to be divided into two parts. The first would award $130 million to streetcars and 'urban circulators,' with a focus on proposals that promote mixed-use development in local neighborhoods. No project can win more than $25 million from that pot, however, which would provide about 12 percent of the funding New Orleans needs for its ambitious streetcar expansion plan."
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