Government Issues

Detroit's M-1 Streetcar earns $12M FTA Tiger grant

Posted on September 10, 2014

DETROIT — The M-1 Rail streetcar line will get an additional $12.2 million in funding through the FTA’s TIGER grant program, reported the Detroit Free Press.

The funding, which had been anticipated by M-1 officials, helps to plug what could have been a hole in funding for the streetcar line’s estimated $140-million construction cost and its operating revenues later. For the full story, click here.

Matthew P. Cullen, M-1 Rail president/CEO released the following statement:

“We are thrilled by the news of the TIGER award, which is so important to the M-1 RAIL project. Because of this support and the support from all of our donors and partners, M-1 RAIL is on its way to becoming an engine of economic growth that propels this entire city and region forward. I want to offer our deepest thanks to Secretary Foxx and the USDOT for their commitment to this project and to Detroit, to Mayor Duggan and the City of Detroit for being an essential partner in this application, and to our extraordinary Congressional Delegation who championed this funding.”

View comments or post a comment on this story. (0 Comments)

More News

House passes bill banning usage of Fed funds for Chinese rolling stock

The authors assert Chinese state-owned and state-supported enterprises have used subsidized “bargain prices” well-below competitive market price to win contracts throughout the U.S.

Bill to strengthen Buy America requirements reintroduced in Congress

When certifying that materials used in construction are “Made in America,” the bill requires DOC to ensure support of American jobs.

Support for raising Federal gas tax continues to rise, finds Mineta report

Seventy-five percent of respondents supported a 10¢ increase in the gas tax if the revenue raised is dedicated to maintenance projects.

FMCSA seeks input on 18-to-20-year-old interstate commercial drivers

Drivers ages 18-20 may currently only operate CMVs in intrastate commerce.

Proposed FY20 Appropriations bill includes $16.2B for transit, rail

Does not allow the FRA to take back the $2.5 billion in funding that has been provided to the California High-Speed Rail Project.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation