I hope this project not only revitalizes a rather seedy part of Downtown, but also sparks a streetcar revolution. Streetcars are cheaper and quicker to construct than LRT and they are more attractive than buses. Since LA cannot build a dense rail network in the inner city, streetcars are the way to go IMO.
Streetcar Project Receives Federal Funding, Wants to Ask for More
By Eric Richardson
December 14, 2009
DOWNTOWN LOS ANGELES — Los Angeles Streetcar, Inc. and Councilman Jose Huizar last week announced $250,000 in Congressional funding, but the project's sights are set on bigger dollar amounts. Executive Director Dennis Allen said that the project plans to apply for $25 million out of a $280 million grant fund just created for "urban circulator projects."
Until now, the project had been unsure whether it would be going for federal money to cover part of its estimated $90 - $100 million construction cost. "If you go for the federal funding, it just extends your timeline," said Allen. Funds from the new grant program, announced on December 1 by U.S. Transportation Secretary Ray LaHood, come with drastically reduced requirements, allowing them to be put to use much quicker.
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