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--Press Release from the Office of Mayor Kevin Johnson--
SACRAMENTO, CA – Mayor Kevin Johnson announced on Tuesday, June 19, 2012, that Sacramento will receive $15 million in Transportation Investment Generating Economic Recovery (TIGER) Discretionary Grants from the Department of Transportation (DOT) to rehabilitate the Sacramento Valley Station at the Rail yards.
“This grant is a huge shot in the arm for Sacramento and could not have come at a better time. The City has continued to fight for dollars at the federal level and today’s announcement is the result of those tireless efforts.
“Thanks to the President Obama and Secretary LaHood, Sacramento will continue to transform our Rail yards and build upon the efforts of so many to make us known as a City that delivers on job creation, economic development and big transportation and infrastructure projects.”
The renovation of the Sacramento Valley Station is the next step of the intermodal project. This comes on the heels of the Rail Line Relocation project that utilized $37 million dollars of federal funds and will be completed this fall.
"President Obama has challenged us to invest in an America that is built to last, and it's clear that communities across America can't afford to wait any longer to get started," said Secretary Ray LaHood. "At a time when gas prices are high, it's more important than ever that we invest in projects that will relieve congestion, improve the safety of our transportation systems, and provide Americans with affordable, efficient options for reaching their destinations."
The $15 million from the TIGER grant will be matched by $15 million of local funding.
For more information visit the Sacramento Intermodal Transit Facility website.