Our friends at the Economy League have put together a brief report on what the stimulus package means for the greater Philadelphia area. Below is a short excerpt:
* Greater Philadelphia will likely receive more than $600 million from the $48.1 billion in transportation stimulus funds, including approximately $318 for highways in southeastern Pennsylvania, $120 million for highways in southern New Jersey, and $193 million for SEPTA.
* The “shovel-ready” stipulation limits use of stimulus funds for vision investment. Most of the region’s candidate projects focus on clearing deferred maintenance.
* The stimulus package will not blaze any new trails, but it is an opportunity for the region to play catch up and look to the future on better footing.
A few specifics -- repaving the Blue Route, new PATCO cars, and repairing the Girard Street bridge.
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