As reported by the Biz Journal, the city has received an additional $17.9 million in funds tied to the almost $24 billion transportation and infrastructure money approved by us voters in 2006. Construction on the railyards is supposed to begin next year.
The money approved in prop 1B is for “creating infrastructure and affordable housing near transit.” Somewhat ironically, $18 million is exactly the amount Regional Transit expects to lose when the budget is passed. (although by the time the budget is passed we’ll all be tooling around in jet-packs.) Perhaps some of that money can be redirected toward transit near which to build more affordable housing?