Archived

This topic is now archived and is closed to further replies.

motonenterprises

GSA rail transit

Recommended Posts


The last paragraph of that article is a bit disturbing and puts into question on how well they did their research.

Currently, a lot of federal funding is available for light rail projects that requires comparatively small state and local matches, which can be raised through means from temporary taxes to private partnerships, Hudson said.

In reality, federal funding is very scarce, and by law is limited to 60% funding for a system that is more than $160M. From a practical standpoint, the local share will need to be at leas 50% before it will get serious consideration from the FRA. I'm not sure how much distance they are talking about but the LRT in Charlotte is costing about $45M/mile and there were some significant costs that were paid for by the Trolley project which did not use Federal funding.

Share this post


Link to post
Share on other sites

I think the total distance of the line is something on the order of 10 miles. The problem in Greenville is conencting the two. This will probably involve an on street rail/trolley setup.

The government (even the republicans) are beginning to see that mass transit is something that neds to be invested in. It may take a while before the funding becomes available, but we should hopefully see an increase soon, and Greenville is well positioned to take advantage of it as soon as it becomes available.

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.