Tempe Streetcar Reaches Funding Milestone

November 28, 2018
Valley Metro

Valley Metro, in partnership with the city of Tempe, has been allocated the full $75 million through the Federal Transit Administration (FTA) Capital Investment Grants (CIG) to support the Tempe Streetcar project. The project received $50 million from the FTA in 2017 and with today’s approval of the final $25 million installment, it moves forward with a fully funded grant.

“Tempe Streetcar is essential to our growing city,” said Tempe Mayor Mark Mitchell. “Today’s announcement shows we have a strong project with federal, community and regional support.”

The competitive CIG Program provides funding for major transit infrastructure capital investments nationwide. Projects accepted into the program must go through a multi-year, multi-step process for funding consideration.

“These significant investments in the public transit systems in five communities across the country will improve mobility for riders who depend upon public transit every day,” said U.S. Transportation Secretary Elaine L. Chao. 

Tempe Streetcar is a three-mile route traveling along Mill and Ash avenues, Rio Salado Parkway and Apache Boulevard connecting to the current light rail system and taking riders to neighborhoods, business centers and event destinations.

“I want to thank Secretary Elaine Chao and FTA Acting Administrator K. Jane Williams for their partnership in advancing the Tempe Streetcar,” said Valley Metro CEO Scott Smith. “This transformative project will benefit all of Tempe - businesses, students and residents alike through advanced mobility and the creation of jobs.”

Tempe Streetcar is under construction and scheduled to open in 2021. To learn more about the project, visit valleymetro.org/tempestreetcar.

About Valley Metro: Valley Metro provides eco-friendly public transit options to residents of greater Phoenix and Maricopa County including the planning and operations of a regional bus system and the development and operations of 26 miles of light rail. In Fiscal Year 2017, total ridership for the system was 66 million passengers. Seven high capacity transit extensions are under construction that will create a 66-mile system by 2034. Valley Metro also offers transit options including alternative transportation programs for seniors and people with disabilities, commuter vanpools, online carpool matching, bus trip mapping, bicycle safety and telework assistance. Two Boards of Directors set the policy direction for the agency with the intent of advancing the regional public transit system. In October 2017, the Boards approved a “Respect the Ride” Code of Conduct, focusing on creating a safe and positive rider experience, while also discouraging disruptive, intrusive, unsafe or inappropriate behaviors in a public setting. Get the latest news by following us on Facebook,Instagram and Twitter or visiting valleymetro.org.