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Millions In Federal Funding Unlikely To Be Granted For Streetcar

 
Millions In Federal Funding Unlikely To Be Granted For Streetcar
Posted Tuesday, August 19th 2014 @ 9am  by 700WLW News

(Cincinnati) The City of Cincinnati is unlikely to get a $5 million dollar federal grant to help run the streetcar because the request got a poor rating by the Ohio-Kentucky-Indiana Regional Council of Governments transportation planning agency. The poor rating was based on low rated cost-effectiveness and regional priority. Ratings help the agency determine which projects will get funding. Right now,  there are no plans for replacing the money which was tagged for streetcar operating cost that already have a projected deficit of 2 million dollars for the first year. City Council Member Chris Smitherman speaking on 55 KRC said unless more money is found to operate the streetcar Council could vote to shut it down.  

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