Triangle Rail Project Won't Receive Federal Funding
Posted February 6, 2006 8:50 a.m. EST
RALEIGH, N.C. — The Triangle Transit Authority's plan to build a commuter rail line between Raleigh and Durham is stuck at the station.
On Monday, the federal government gave the TTA proposal a low rating and announced that no money for the Triangle Rail is in the president's budget.
Despite the news from Washington, D.C., the local commuter effort will continue because of the need. The TTA says federal funding is not the only means in which the rail system could be built.
"This area continues to grow, so even though we can't compete at this point or haven't been able to up to this point for that very diminished pot of federal money, that doesn't mean that the need goes away," said TTA General Manager John Claflin.
One option proposed was a local transportation tax.
The TTA will continue to collect the 5 percent Triangle rental car tax and continue to buy property.
It has until Sept. 30 to work on its bid for $485 million in federal funds.