Today the Atlanta Beltline announced that it will receive $18 million via a Tiger V grant from the Department of Transportation. Obviously this is tremendous news for both the Beltline and the City, as the grant will cover a good chunk of the $43 million projected cost of building out 2.5 miles of the southwest corridor (shown above).
In the aftermath of the T-SPLOST failure, the Beltline is clearly ramping up its efforts to raise funding from government sources beyond the TAD. The Beltline needs to win grants like this because otherwise, the project will take decades to fully complete.
Let’s hope this grant announcement is the first of many more in the coming years.