One of the requirements to receive the federal funds is that projects must be "shovel-ready," so the Light Rail's northeast line, which is still being designed, won't benefit. The purpose of the stimulus, after all, is to put people to work immediately.
No one in the state has fared better than Charlotte for landing transit money from the stimulus package.North Carolina will receive $103 million in such funding, with Charlotte claiming $21 million.
Thats more than double what anyone else got, says Keith Parker, chief executive at the Charlotte Area Transit System. Were pleased with that, but we wish there would have been more transit money in the overall stimulus package.
Read the rest of this Charlotte Business Journal article here.