More federal streetcar bucks?

Transportation Secretary Ray LaHood, in New Orleans, announces $280 million in federal streetcar and bus money to be made available. Streetsblog.org has the story.

It isn’t new money, but unallocated funding for “New Starts” programs and buses.
Here’s what Streetsblog’s Elana Schor writes:

The money is set to be divided into two parts. The first would award $130 million to streetcars and “urban circulators,” with a focus on proposals that promote mixed-use development in local neighborhoods. No project can win more than $25 million from that pot, however, which would provide about 12 percent of the funding New Orleans needs for its ambitious streetcar expansion plan.

The second $150 million group of bus grants would go to proposals that “provide access to jobs, health care, and education, and/or contribute to the redevelopment of neighborhoods into pedestrian-friendly vibrant environments,” the U.S. DOT said in its announcement.

Obviously, there’s no way to know today whether Charlotte’s fledgling streetcar project might be eligible for any of that streetcar pot of money. Or what $25 million would pay for.