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As noted in Transportation for America’s scorecard, the House’s INVEST Act transportation bill takes important strides to make safety a priority, from the inclusion of new performance measures all the way down to making changes with how agencies set speed limits. Here are five things to know.
One of the amendments to the House’s transportation bill (INVEST Act) we are supporting would expand one of the federal government’s biggest infrastructure financing tools to include more economic development near public transportation stations—increasing private investment in transit and helping multiply the impact of the INVEST Act’s sizable increases in transit funding.
The INVEST Act could be a turning point for the federal transportation program, almost hitting the mark on our principles for transportation investment. But a few amendments could make—or break—the bill. Stay up to date here.
BEFORE AND AFTER: Atlantic Station in Midtown Atlanta was previously the site of an Atlantic Steel facility. The EPA’s Brownfields program helped make the redevelopment project possible.
Did you know that every federal dollar spent on brownfields cleanup leverages $17.79 in value for communities? And that redeveloping one acre of contaminated land creates an average of 10 jobs? These benefits don’t stop where the brownfield ends: the value of residential property near brownfield sites can increase anywhere from 5.1 to 12.8 percent when cleanup is complete.
These are just some of the many reasons why brownfields cleanup and redevelopment is a great investment of federal dollars, yet the Brownfields program at the U.S. Environmental Protection Agency (EPA) is not formally authorized in the federal budget. Congress has the power to change that, and this week members of the House of Representatives will examine whether to do make brownfields cleanup an official part of the federal budget.