Tomorrow the Los Angeles City Council will consider a series of city ordinances that, if approved, will allow registered voters along the proposed alignment of the Downtown L.A. Streetcar area to vote on local funding for the project. This City Council approval is critical to the project’s ability to move forward and receive federal funding.
Paraphrased from the LA Streetcar website: Financing plans for streetcars can best be characterized as the creative leveraging of a diverse array of federal, state and local funding sources . . . While there are federal funding programs that can be used to fund streetcars there are also reasons to pursue local and state funding as well. For example, the federal funding evaluation process is expensive and time-consuming, and favors projects that save time for commuters instead of streetcars, which are slow and stop frequently to facilitate the circulation of passengers in densely populated neighborhoods like downtown.
The meeting is in City Hall Room 340 at 10 a.m. Read more.
Paraphrased from the LA Streetcar website: Financing plans for streetcars can best be characterized as the creative leveraging of a diverse array of federal, state and local funding sources . . . While there are federal funding programs that can be used to fund streetcars there are also reasons to pursue local and state funding as well. For example, the federal funding evaluation process is expensive and time-consuming, and favors projects that save time for commuters instead of streetcars, which are slow and stop frequently to facilitate the circulation of passengers in densely populated neighborhoods like downtown.
The meeting is in City Hall Room 340 at 10 a.m. Read more.
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