Posts Tagged "financing"
More than a third of all U.S. states have plans of some sort to raise new money for transportation to help cover yawning budget shortfalls and keep up with maintenance and new construction of their state transportation networks. NPR picked up that story this week and talked to T4 America director James Corless about the growing trend of states stepping out on their own to raise their own money for transportation to augment the federal funding that did not increase with the last transportation bill.
With cities and suburbs clamoring to build new transit systems, a new book showcases creative financing approaches for getting them built
The demand for public transit is at its highest point in 50 years, and more communities then ever before are looking for funds to build and operate rail and bus lines. Despite the challenges posed by ideological gridlock in Congress, dwindling federal gas tax revenues, and the elimination of earmarks, many communities are finding creative ways to move ahead.
As Congress is finally close to passing a transportation bill more than 953 days after it first expired, many places have charged ahead with transportation funding and construction and are taking steps to make those needed investments today. But will they be enough without the strong federal partner we’ve had for the last 50 years leading the way? That remains to be seen, according to this compelling new report from the Urban Land Institute
Thousands rallied last Friday at the Los Angeles City Hall to tell Washington to help speed up LA’s 30/10 Plan –- a plan to build 12 major local transit projects in 10 years rather than 30. The plan would spur economic growth and protect the environment, create 166,000 jobs, ease congestion, and reduce air pollution and dependency on oil.