Wednesday, February 17, 2010
$25 million from feds for Woodward light rail!
The M-1 Rail project will be receiving $25 million in federal funds, as one of the final parts of the economic stimulus from last year. According to the FTA, these funds will be used for road rehabilitation, a streetscape enhancement project, and the purchase of light rail cars. The project will have significant short-term benefits for Detroit’s beleaguered economy, including job creation and economic activity. The city also expects the project to provide for significant long-term economic growth in the corridor, while improving mobility, enhancing mobility options, and attracting investment to Downtown Detroit and the New Center area. This is one of 51 projects nationwide to receive funds, out of 1,400 proposed, to foster job creation, show strong economic benefits, and promote communities that are safer, cleaner and more livable. |
