Obama Administration Earmarks $50 Million in FY2015 Budget for Fort Lauderdale’s Wave Streetcar Project

U.S. Transportation Secretary Anthony Foxx recently informed
The Wave Streetcar Partnership, consisting of the City of Fort Lauderdale, Broward County, South
Florida Regional Transportation Authority(project sponsor) (SFRTA), Broward County Transit(BCT), Broward Metropolitan Planning Organization (Broward MPO), Florida Department of Transportation(FDOT), and the Downtown Development Authority of Fort Lauderdale (DDA), that President Obama has recommended a $50 million Small Starts grant for the construction of The Wave Streetcar as part of his Fiscal Year 2015 Department of Transportation budget.

The grant, which is offered through the Federal Transit Administration Capital Investment Grant program, adds to the $18 million TIGER grant received in June of 2012 and will provide the remaining federal funding needed to design and construct the 2.7
mile streetcar project in downtown Fort Lauderdale.

“The Wave Streetcar is a vital part of Fort Lauderdale’s Citywide Vision and Strategic Plan and it aligns with our Complete Streets policy, which recently ranked #1 in Florida and #3 in the nation,” said Fort Lauderdale Mayor John P. “Jack” Seiler. “The City is extremely grateful to be recommended for the Small Starts grant and the opportunity presented to spur economic growth through a viable, sustainable transportation option such as The Wave. The Wave will increase mobility for everyone, and a federal investment of this magnitude recognizes the community’s support and desire for transportation choices that improve our quality of life. We would like to thank the WaveStreetcarPartnership team for their tireless efforts in securing a total of $68 million in federal funding for this project.”