Ask your Congressman/woman to Support the "New Opportunities" Bike/Ped Financing Bill at http://bit.ly/1cYWlKt
Hey Connecticut! Help make sure your town has access to a new way to finance safe streets for everyone--ask your Representative to co-sponsor H.R. 3978 today!
One of the biggest challenges to making communities more walkable and bikeable is that there’s often only enough funding to build one stretch of pathways or sidewalks at a time—leaving incomplete networks from homes to schools, workplaces or other destinations. Don't we know it!
A new federal bill from Reps. Sires (D-NJ), Diaz-Balart (R-FL), Carson (D-IN), and Ros-Lehtinen (R-FL) looks to change that. The New Opportunities for Bicycle and Pedestrian Infrastructure Financing Act (HR 3978) would give communities access to low-cost loans to build bicycling and walking networks. This means a city could get a loan now and build a network of sidewalks, bike lanes and paths to improve safety and increase physical activity—and repay the loan over many years.
The bill would set aside $11 million from the existing $1 billion TIFIA loan program to test out this new financing program for bicycling and walking. (TIFIA stands for the "Transportation Infrastructure Finance and Innovation Act.") Another innovative aspect of the bill is that 25 percent of any loaned funds must be spent in low-income communities.
Help make sure your town has access to a new way to finance safe streets for everyone--ask your Representative to co-sponsor H.R. 3978 today!
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