Sactown Urban Update

Sactown Urban Update

Sunday, May 1, 2016

A DT/MT Streetcar: Funding? Uncertain. Determination? Certain.

Street Car vision and funding status update:

  • Feds: President Obama puts $75M in 2017 budget, US Senate wants less in that fund.
  • State: $58M requested from Cap and Trade fund; joins a long list of other projects
  • Local: Area government leaders add $45M in enhancements - adding a line down West Sacramento's riverfront and giving the streetcars unfettered access to K Street by moving Light Rail off that street (previously approved by the RT board).

Meanwhile, the City is working on a Mello Roos assessment district as a way to put forward the city's share of now $58M

 And last week, the RT Board approved money for a  consultant to design the project to meet federal requirements for funding.  More details.

Councilman Hanson believes Sacramento is in the best position it has ever been in to bring the project to reality.  A best case scenario would have construction beginning in 2018 with the first rides in 2020.

Stay tuned...

Info and Image sources: SBJ, SacBee, KCRA

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