I wanted you to hear from me on the news of the City’s TIGER Grant application from the US Department of Transportation for the Cincinnati Streetcar project. As you may know, we did not receive funding in this round. Let me be clear: Today’s announcement does not hurt the viability of our Streetcar project. The Mayor and I have experience in these types of federal processes, and that is why we did not put all of our eggs in one funding basket. Our resolve has not changed.
We have two other applications for the streetcar:
· Urban Circulator (Federal) – $25 million – This Grant Program is specifically for Streetcar type projects. The four streetcar projects that did receive money today are now not eligible for these funds. We believe this improves our positioning.
· TRAC Grant – Ohio (Transportation Review and Advisory Committee) – $50 million.
In fact, the Mayor and I have been invited to a Streetcar Summit in Washington DC next week to present our streetcar project at the Summit. We will meet with Members of Congress and key White House and Administrative staff about it.
Cincinnati has received positive feedback over the past year from Members of Congress and White House staff about our project and its benefits for our city.
We continue to believe that the Streetcar project is a game-changing project for Cincinnati that will lead to new businesses and job creation.
Thank you for your ongoing interest in and support of the Cincinnati Streetcar project.
Onward and Upward.