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Project Connect supporters welcome Biden's nomination of Pete Buttigieg for transportation secretary

Pete Buttigieg marched with Austin Mayor Steve Adler through downtown last year during Austin's Pride Parade.

President-elect Joe Biden announced his nomination of Pete Buttigieg for Secretary of Transportation on Tuesday, which public transit advocates say will be good for local initiatives such as Austin's Project Connect.

Buttigieg served as mayor of South Bend, Indiana, before unsuccessfully running for the Democratic presidential nomination against Biden.

As mayor, Buttigieg secured $200 million in private investment in downtown South Bend, which led to job growth and facilitated public-private partnerships to improve the local transportation system, according to a press release from the Biden-Harris transition team. He also launched a "Smart Streets" initiative similar to Austin's "Great Streets" master plan.

Capital Metro CEO Randy Clarke congratulated Buttigieg on Twitter, saying that he is "looking forward to (his) leadership helping build Project Connect."

Austin Mayor Steve Adler, who calls Buttigieg a good friend and introduced him at his official presidential campaign launch last year, also celebrated the news.

"In Mayor Pete, President-Elect Biden has found one of the smartest, most innovative, caring, and effective civic leaders in the country to deliver transformational infrastructure projects," he said in a statement Tuesday.

Adler added that he looks forward to working with Buttigieg if he is appointed to the office, on Project Connect, a $7.1 billion overhaul of the city's transit system. About half of the project's budget will come from a city property tax rate increase, which Austin voters overwhelmingly approved on Nov. 3. The rest will need to come from federal grants overseen by the U.S. Department of Transportation.

"This project, with its emphasis on mitigating climate change and addressing historic systemic inequities, would seem to be exactly the kind of infrastructure project this country needs, and that reflects the future Secretary's stated priorities," Adler said in the statement.

Indeed, Buttigieg outlined his priorities—job creation, addressing climate change and enhancing equity—in a tweet on Wednesday.

They align with the main aims of Project Connect, which will bring two new light rail lines to Austin and includes a $300 million anti-displacement fund.

Others feel similarly optimistic about Project Connect's prospects under the incoming Biden administration.

American Public Transportation Association Chairperson Nuria Ferrnandez is hopeful that Capital Metro will be able to secure the federal funding it needs to bring light rails to Austin.

"We know public transportation will have a friend in the White House come January," she said during an Austin Chamber event last month.

Chad Chitwood, a spokesperson for APTA, elaborated.

"President-elect Biden has been a tireless champion for public transit and passenger rail," he wrote in an email to Austonia. "He has seen the millions of Americans that rely on bus and rail to get to work, visit their families, and engage in their communities, and he knows just how much it means to them to have mobility through public transit."

This support will be critical as many public transit agencies across the country are facing budget shortfalls—and service cuts—due to the pandemic. It also represents a sharp departure from the current administration.

Although Congress appropriates federal transit dollars, such legislation must be signed by the president. Since entering office, President Donald Trump has consistently tried to cut funding for the U.S. Department of Transportation, according to a report by Bloomberg City Lab.

Already, things are looking up for Project Connect—despite the ongoing challenges Capital Metro faces because of the pandemic.

Capital Metro announced Monday that it had been awarded a $900,000 grant by the Federal Transit Administration. It will go toward Project Connect's anti-displacement efforts.

"The … grant award comes only one month after Austinites made a historic decision to fund Project Connect, and it is the first example of federal funding Capital Metro expects to secure in support of the program," according to a press release from the transit agency.

The Senate Commerce, Science and Transportation Committee will decide whether to confirm Buttigieg.

Typically, the president-elect's cabinet nominees have confirmation hearings in advance of Inauguration Day. However, the increasingly polarized political climate means that these hearings have become more contentious in recent years.

President Donald Trump's transportation secretary nominee, Elaine Chao, was confirmed by the U.S. Senate on Jan. 31, 2017, less than two weeks after Trump's inauguration.


A mortgage banker walks us through the math on purchasing a 'mid-price' Austin home

So you want to buy a house?

To anyone trying to get on the "housing ladder," it's been a discouraging couple of years as prices skyrocketed in a market crowded with buyers bidding against each other for just about any available home.

Things may be calming down, with the Austin Board of REALTORS reporting fewer sales and more available homes this summer.

Mortgage rates have more than doubled in the last year, from around 3% to well over 6% on a 30-year fixed rate loan, getting even more of a bump this week after the Federal Reserve raised bank rates on Wednesday.

So how affordable are homes right now? That, of course, depends on what you want and how much you're able or willing to pay, but here are some rough estimates of what a typical buyer would pay to buy a $650,000 home, which would be considered "mid-price" in today's market.

Mortgage banker Chris Holland (NMLS 211033) of Austin's Sente Mortgage ran some numbers for Austonia to illustrate a typical purchase.

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Camp Fimfo Waco

Camp Fimfo Waco, a brand new camping resort, is kicking off football and fall camping season in style! With top-notch amenities, premium accommodations, and 10 weekends of fall fun, there’s no better place to have a fall camping getaway, especially if you’re a Baylor football fan!

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