Wall Street Journal Smarter than FTA?

An article in yesterday’s Wall Street Journal nicely contrasts the transportation benefits versus development benefits of Streetcar.

The Federal Transit Administration is having trouble understanding the two sets of benefits, as illustrated by the fact that all the projects funded so far under the new ‘Small Starts’ category have been BRT projects.

That should change with Portland’s application for the Streetcar Loop. We’ve got a Streetcar that provides both great transportation benefits (10,000 riders per day in the latest sampling) AND development benefits.

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