Photo: H John Voorhees III / Hearst Connecticut Media
Connecticut has received a $400,000 federal grant to study the financing of improvements to Metro-North Railroad’s Danbury and New Canaan lines, officials announced Thursday.
The Department of Transportation-funded study aims to determine whether a “regional value capture mechanism,” such as a Tax Increment Financing district or comparable structure, can be used on a regional, multi-jurisdictional level to generate the funds required to support improvements along those branch lines.
A range of options, including the potential extension of Metro-North service to towns such as Brookfield and New Milford, will be considered as part of the project.
“Improving Metro-North is essential for our economy and our environment,” said Congressman Jim Himes, a Democrat whose district covers most of Fairfield County, said in a statement. “Without efficient public transportation, job creation is hindered and