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Shuttered Loop Trolley seeks $1.26M in federal money, says its tax collections are down 53%
The trolley closed in December 2019 after facing low ridership and difficulties putting into operation the number of streetcars initially planned. Author: Jacob Kirn – St. Louis Business Journal Published: 7:14 AM CST March 10, 2021 Updated: 7:14 AM CST March 10, 2021
ST. LOUIS The shuttered Loop Trolley is seeking a reboot with more federal money.
The taxing district that built the 2.2-mile line is requesting $1.26 million from the Federal Highway Administration s Congestion Mitigation and Air Quality Improvement Program (CMAQ), to fund 70% of its operations with cars running four days a week for two years. The trolley entity, a transportation development district that charges a 1% sales tax in the Delmar Loop, would kick in $540,000 in local matching funds.