USDOT Issues New Guidance on TOD Project Funding
May 24, 2021
USDOT Issues New Guidance on TOD Project Funding Written by Marybeth Luczak, Executive Editor
New York City’s Moynihan Train Hall opened for Amtrak and MTA Long Island Rail Road service Jan. 1. The $1.6 billion project received $525.1 million in TIFIA program assistance.
The U.S. Department of Transportation’s (USDOT) Build America Bureau has clarified the eligibility of transit-oriented development (TOD) projects for funding under the Transportation Infrastructure Finance & Innovation Act (TIFIA) and Railroad Rehabilitation & Improvement Financing (RRIF) programs.
While Congress, through the FAST Act, determined that TIFIA and RRIF could support TOD projects, USDOT had not set clear guidelines, which “became a barrier” to using the funds, the Department reported.
Diversity of new deals should offer benchmarks direction
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Large state GOs to test low yields
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âBuy American.â It sounds like a familiar bumper sticker, like a sign you see in store windows.
Until now. Five days into his term, President Joe Biden signed an executive order requiring federal contracting and procurement come from âAmerican made goods by American workers and with American-made component parts.â The executive order takes substantive steps to close loopholes in existing trade agreements that have long rendered so-called âBuy Americanâ provisions ineffective, while strengthening cross-agency oversight and enforcement.
How well this all works hinges on the enforcement, which is long overdue.
American manufacturing has been in decline for decades, with the federal government playing a frustrating role in its demise. The federal procurement process often leans to the lowest bidder, regardless of country of origin or quality of product. Americans pay the price when this happens. According to an Economic Policy Institute study, ever
Consultants recommend larger, more centralized library in Victorville to City Council
Victorville Daily Press
The construction of a new public library in Victorville was the No. 1 recommendation offered in a report submitted to the City Council earlier this week.
Consultants from Godfrey’s Associates a library consulting firm presented their Library Master Plan during Tuesday s Victorville City Council meeting, while making other suggestions, as well, such as increased library funding, the hiring of a children’s librarian and improving technology for self-checkout options.
But the size of Victorville’s existing city library, located off Seventh Street, appeared to be the biggest sticking point during the presentation.