Mass Transit Will Infuse Money Into Local Economies Says New Regional Transit Authority CEO
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DETROIT (WWJ) – It took decades of debate and political maneuvering to create Metro-Detroit’s first regional transit authority. This week the organization took another step on the road to coordinated mass transit by hiring its first president.
New CEO John Hertel says a functioning and efficient mass transit systems are economic engines.
“Whenever government spends one dollar in mass transit the private sector invests six to eight dollars,” said Hertel. “Wherever modern mass transit is built – property values go up.”
The new Regional Transit Authority says top priorities include: coordinating the Detroit, Ann Arbor, and Suburban bus systems … getting rapid-transit buses rolling and securing funding sources to match federal dollars.