ADDRESSING MARKET FAILURE Clause Samples

ADDRESSING MARKET FAILURE. For many Detroiters, transportation is the barrier to accessing opportunity or improving one's health or quality of life. This is due to a number of factors, including the housing/jobs mismatch in which 70% of Detroiters work outside of the City, the cost of owning a vehicle in Detroit being higher than any other City in the US, and the historical lack of investment in public transit. All of these contribute to transportation being the critical factor in determining one's ability to succeed. The City of Detroit has made improving transportation for its residents a priority. The list of accomplishments over the last few years including adding 24 hour bus routes to eleven routes in the City, establishing the Office for Mobility Innovation to help launch and integrate new types of mobility services and technologies, launching a pilot in collaboration with Lyft to address first/last mile challenges during the overnight hours, enabling the deployment of an autonomous vehicle fleet (May Mobility) to serve Downtown Detroit’s largest employer, and successfully overseeing the deployment of 1,200 scooters, including 25% of the fleet outside of the greater downtown area, by working with the private companies as opposed to fighting with them and working on a national level on data sharing with the companies and other cities. Advancing ADS to make it easier for the residents of Detroit to get around will have tremendous benefits.