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Policy: Budgets & Deficits

Detroit rail project faces $12 million shortfall

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News,Business,Detroit,Budgets and Deficits

DETROIT (AP) — Officials say Detroit's nearly $140 million light passenger rail project faces a $12 million funding shortfall as a planned groundbreaking approaches.

Matt Cullen, CEO of the M-1 Rail project, told The Detroit News (http://bit.ly/1lBV5MQ ) additional funding being sought from the U.S. Department of Transportation is crucial, but the project could proceed without it.

Cullen says a groundbreaking is planned in about a month after seeking final permits from Detroit City Council. A failure to win further federal support, Cullen says, could require a redesign of the 3.3-mile project and a scaling back of some elements.

The newspaper reports Michigan members of Congress sent a May 1 letter urging transportation officials to approve more money.

The streetcar line is to start running along Woodward Avenue in 2016.

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Online:

http://www.M-1RAIL.com

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Information from: The Detroit News, http://detnews.com/

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