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Rail News Home Financials

10/14/2011



Rail News: Financials

Connecticut, New York announce funding for transportation planning projects


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Yesterday, Connecticut Gov. Dannel Malloy announced the award of $5 million to 11 cities, towns and regional planning organizations to plan and facilitate transit-oriented development (TOD) projects.

Awards for rail-related projects include:

•    $730,000 to the city of Hartford for a site plan and development analysis, adoption of a TOD overlay zone and creation of a public-private partnership to facilitate development around Union Station related to the New Haven-Hartford-Springfield line;
•    $850,000 to the city of Meriden for market analysis, financial planning, environmental benefit analyses and preparation for studies and surveys related to the New Haven-Hartford-Springfield line;
•    $390,000 to the city of Hew Haven for market analysis, traffic management planning, finance planning and preparation of potential work schedules related to the New Haven, Shore Line East and New Haven-Hartford-Springfield lines;
•    $319,000 to the city of New London for water and sewer capacity evaluation, design and planning, construction and administration related to the Shore Line East line and other components of the New London intermodal transportation center;
•    $265,000 for studies and surveys for enhancing bicycle and pedestrian connections to the Derby/Shelton Multi-Modal Center and the Derby-Shelton Bridge related to the Waterbury Branch of the New Haven Line;
•    $250,000 to the town of Windsor for a TOD and station area plan related to the New Haven-Hartford-Springfield line; and
•    $250,000 to the town of Windsor Locks for a TOD planning study related to the possible relocation of the train station along the New Haven-Hartford-Springfield line.

Meanwhile, congressional representatives of western New York on Wednesday announced the Niagara Frontier Transportation Authority will receive $1.2 million in federal funding to evaluate transportation alternatives in the Amherst-Buffalo Corridor.

Awarded through the Federal Transit Administration’s Alternatives Analysis program, the funding will be used to identify ways to increase the ease, speed and convenience of commuting in the area, said Rep. Brian Higgins (D-N.Y.) in a prepared statement.