14 January 2010

FTA to Include Livability in Funding Decisions

Although this kind of policy decision is not very sexy and it will not make the evening news, it is a critical change to the way Federal Transportation dollars are allocated. Via tha FTA website:

Obama Administration Proposes Major Public Transportation Policy Shift to Highlight Livability
Changes Include Economic Development and Environmental Benefits

In a dramatic change from existing policy, U.S. Transportation Secretary Ray LaHood today proposed that new funding guidelines for major transit projects be based on livability issues such as economic development opportunities and environmental benefits, in addition to cost and time saved, which are currently the primary criteria...

“Our new policy for selecting major transit projects will work to promote livability rather than hinder it,” said Secretary LaHood. “We want to base our decisions on how much transit helps the environment, how much it improves development opportunities and how it makes our communities better places to live.”

... “No longer will we ignore the many benefits that accrue to our environment and our communities when we build or expand rail and bus rapid transit systems.”...

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