Today’s Headlines

  • LaHood announces a $341 million loan for a direct freight tunnel to the Port of Miami (JOC)
  • An editorial board picks up on the imbalance between tax-credit subsidies for parking versus transit (Courant)
  • Among the ideas under consideration for a "stealth stimulus" of new economic-recovery proposals: an extension of the new homebuyer’s tax credit and extra tax refunds for unprofitable companies. More infrastructure isn’t on this list … (Time)
  • Congressional earmarking slows down the Department of Energy’s progress on new green R&D (TNR’s Avenue)
  • As the recession takes root, a closer look at America’s 10 poorest cities (ABC News)
  • Environmental advocates concerned that California’s new pay-as-you-drive insurance plan is toothless (Streetsblog LA)
  • A recap of last week’s citizen lobbying day on transportation reform and public health (T4A Blog)

ALSO ON STREETSBLOG

Could Electric-Car Tax Credits Become the Next “Cash for Clunkers”?

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The White House’s commitment to electrified cars, fulfilling an Obama campaign promise to put 1 million plug-in hybrids into service by 2015, is bound to have serious ramifications for the nation’s already-crumbling system of paying for transportation. (Photo: MPR) But could the administration continue to leave the gas tax untouched while relying on taxpayer-subsidized rebates […]

Menendez Proposes Tax Credit for Transit-Oriented Development

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New construction projects that are within a half-mile of transit stations and exceeding national energy-efficiency standards would be eligible for a tax credit under legislation introduced today by Sen. Robert Menendez (D-NJ), the senior member of the Banking Committee’s transit panel. Sen. Robert Menendez (D-NJ) (Photo: Paterson Online) Menendez’s "green buildings" tax credit is aimed […]

New Jersey’s TOD Tax Credit Is Producing Jobs

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The state of New Jersey appears to have found a winning formula for encouraging transit-oriented development. Since 2008, the Garden State has been using a special tax credit to reward businesses that relocate, build or expand within one-half mile of a transit hub, or take advantage of freight rail. The Urban Transit Hub Tax Credit […]