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Newsby StaffJuly 17, 2012

N.C. firm to invest $10M in All Aboard America!

TCAP last month restated its intention to offer up to $500 million in common and preferred stock or debt securities to investors in the coming months.

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Newsby StaffMay 11, 2012

Report probes land 'value capture' to fund transit

Five mechanisms are evaluated in depth, including tax increment financing, special assessment districts, transit impact fees, joint developments and air rights. The report includes policy recommendations.

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Newsby StaffNovember 3, 2011

LaHood calls for passage of Jobs Act

The investments made under the transportation portion of the American Jobs Act could put hundreds of thousands of people to work in Pennsylvania and around the country, renovating and rebuilding roads, rails and runways.

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Newsby StaffOctober 6, 2011

APTA report touts industry's success

The "The Case for Business Investment in Public Transportation" reinforces that there has been a steady growth trend over the past three decades and it is now a $55 billion industry. The data in this report point to an even more prominent future standing.

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ArticlesJune 16, 2011

Private sector investment won't cover whole gap

Many policy makers are looking to various proposals to involve private capital to close the growing gap between the available tax revenues — especially at the federal level, but also, state and local taxes dedicated to transit — and what is needed, especially to maintain rail and bus systems adequately.

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Newsby StaffJune 13, 2011

Venture firm invests $30M in Proterra

Proterra's 35-foot EcoRide BE35 bus, in daily service at Calif.-based Foothill Transit since last September, will be rolling out to VIA Transit in San Antonio and Tallahassee StarMetro in Florida later this year.

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Newsby StaffDecember 15, 2010

Leaders call for renewed fed infrastructure investment

An estimated $2.2 trillion investment is needed over the next five years just to get America's entire current infrastructure into "good condition" — an increase of 38 percent from five years ago.

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Newsby StaffOctober 11, 2010

Obama calls for $50B transportation investment

The president said that his six-year, $50 billion initiative would not only repair and modernize U.S. roads, rails and air systems, but also create jobs.

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Newsby StaffDecember 2, 2009

APTA: Public transit projects support, create jobs

Survey IDs more than $15 billion in public transportation capital projects that can be started in 90 days. It is estimated that this investment in public transportation would support and create more than 450,000 jobs.

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ArticlesNovember 10, 2009

Is the stimulus working?

Most independent experts think that the stimulus spending has added at least one percentage point to economic growth in each of the last two quarters — not enough to create many new jobs, but a much better situation than the 18 months before.

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