In conjunction with local partners, FDOT and SFRTA will continue to evaluate various funding strategies to identify the best combination of approaches and sources for funding the project. Capital funding may be a combination of federal, state and local monies. The funding mechanisms for operation and maintenance costs are anticipated to be generated locally. Because of the unique location of the corridor in dense urban areas, it is anticipated that planned and future development at stations will generate revenue opportunities to help offset O&M costs.
SFRTA's Downtown Miami Link project included multiple funding partners including a major CRA. No state or federal funds were used; all funding is from local sources.
Example last updated August 2017
Contact: Amie Goddeau, FDOT D4 Modal Development Administrator; Vicki Gatanis, SFRTA
Ex. ID 418
| Multimodal Districts & Nodes | |
|---|---|
| Primary Function: | Concentration of activities in transit-oriented setting. Focus area for job and population growth |
| Transit: | Areas served by premium or frequent fixed route service |
| Walking & Biking: | Right-of-way has balance for walk/bike facilities and transit/auto. Focus on connectivity to transit stations |