Streetcar and bike parking in South Waterfront.
(Photo © J. Maus)
Last week, Metro Council approved funding for the South Waterfront Transportation Management Association (TMA). The new TMA will be funded to the tune of $300,000 (half from Metro, other half matched by neighborhood businesses and residents of the area) over three years and is set to begin work on July 1st. Other supporters of the new TMA are developers, the City of Portland, the Portland Development Commission, and Oregon Health Sciences University (OHSU).
TMAs are non-profit, public/private partnerships funded through the federal government’s CMAQ (Congestion Management/Air Quality) grant program and administered through Metro’s Regional Travel Options program. The idea behind them is to increase awareness and promote the use of biking, walking, ridesharing, and taking transit. Or put more simply, discourage single-occupancy vehicle use.