A $293 million investment announced today by U.S. Transportation Secretary Ray LaHood means that residents in dozens of communities nationwide will soon enjoy major transit improvements, including new streetcars, buses, and transit facilities.

The nearly $300 million investment is part of the Obama Administration's livability initiative to better coordinate transportation, housing and commercial development investments to serve the people living in those communities. It is being made through two competitive grant programs, the Urban Circulator Grant Program and the Bus and Bus Livability Grant Program.

"This investment by the Obama Administration in our nation's communities will create jobs, boost economic development and recovery, and further reduce our dependence on oil," Secretary LaHood said. "Our goals are to provide cleaner, safer, and more efficient ways to get around."

Secretary LaHood, along with Federal Transit Administrator Peter Rogoff, announced the winners of the two competitive grant programs during a press conference call in Washington. Six new streetcar and bus rapid transit projects will be funded with $130 million from the Federal Transit Administration's Urban Circulator Program, and 47 additional projects aimed at upgrading bus services and facilities are slated to receive more than $163 million from the FTA's Bus and Bus Livability Program.

"Streetcars are making a comeback because cities across America are recognizing that they can restore economic development downtown - giving citizens the choice to move between home, shopping and entertainment without ever looking for a parking space," said FTA Administrator Peter Rogoff. "These streetcar and bus livability projects will not only create construction jobs now, they will aid our recovery by creating communities with the potential to be more prosperous and less congested."    ............read more