January 15, 2020 -KXAN.com -
After months of speculation and rumors, officials Tuesday offered a glimpse at a massive transportation plan — which includes a downtown subway — aimed to usher in a new generation of transit for a growing city.
At a joint work session of Austin City Council and Capital Metro Board of directors discussed an update to Project Connect, a plan to create high-capacity transit in the Austin area.
For the first time publicly, they explained which transit options are on the table — light rail included — and how they might pay for those options.
The transit plans these groups are looking at range from $3.2-$10.2 billion, depending on the features they select. CapMetro explained they believe they can pay for 40% of this amount through federal grants.
Read more: https://www.kxan.com/news/local/austin/austins-unveils-multi-billion-dollar-transit-plan-with-possible-light-rail-expansion-downtown-subway/