Federal financing for Orange Streetcar project

US federal government has announced that the OC Streetcar project in Orange County will receive a USD 50 million financing.
The inclusion of the OC Streetcar in the Congressional funding package, expected to be signed by the President, is another strong indicator of federal support for the streetcar project, which will run through the heart of Orange County in Santa Ana and Garden Grove.
The OC Streetcar, now in the design and engineering phase, is intended to provide easy connections for people traveling from trains and buses to employment, retail and recreational areas in the heart of Orange County.
The Orange County Transportation Authority is developing the project, which is expected to cost about USD 289 million overall. OCTA has been working with the Federal Transit Administration through the federal New Starts program. Other funding is coming from various state and local sources, including Measure M, the county’s half-cent sales tax for transportation improvements.
The FTA is expected to consider a full-funding grant agreement, which finalizes the total project funding amount from the Capital Investment Grant Program. Federal funding could pay for approximately half of the overall cost.
“We’re thrilled to see the federal government continue to join us at the local level in recognizing what a strong transportation project this is,” said OCTA Director Miguel Pulido.


Share on:
Facebooktwitterlinkedinmail

 

RECOMMENDED EVENT: