Loop Trolley Receives Nearly $25 Million from
Federal Transit Administration

We are pleased to announce that the Loop Trolley Transportation Development District (TDD) has accepted a $24,990,000 grant from the Federal Transit Administration (FTA). This grant is part of the FTA’s Section 5309 funds for exempt discretionary grants for Urban Circulator Systems that support the Department of Transportation Livability Initiative. Through the Urban Circulator Program grants, the FTA invests in a limited number of projects, such as streetcars and trolley lines, that provide a transportation option that connects urban destinations and fosters the redevelopment of urban spaces into walkable mixed use, high-density environments.

As you probably know, this grant was initially approved for the Loop Trolley in July 2010. However, only the funding for design work was released at that time. This final approval gives the Loop Trolley TDD access to the balance of funds in order to initiate construction.

Thanks to this Urban Circulator’s Grant from the FTA, the Loop Trolley is on track to open mid 2014.

Since its inception, the ultimate goal of the Loop Trolley project is economic development and improved livability along Delmar east of Skinker and along DeBaliviere. We appreciate your continued support of the Loop Trolley project. Without your help we would not be nearing our goal. Together we are building a stronger community.

Sincerely,

Joe Edwards
Chairman Loop Trolley Transportation Development District

Robert Archibald
President Loop Trolley Co.

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