Charlotte transit chief charging ahead despite funding uncertainty

Mar 22, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Working Capital

Steep cuts in federal transportation funding proposed by the Trump administration are unlikely to affect Charlotte transit projects already under way, but the uncertainty stands to make planning for three additional rail lines that much trickier. Executives at Charlotte Area Transit System and the agency’s Washington lobbyist are navigating those shifting circumstances even as local transit backers aim to introduce a funding and construction framework for $5 billion to $7 billion worth of projects…