U.S. Transportation Secretary Ray LaHood will make "a major funding announcement" at 9:30 a.m. Friday that's expected to be $25 million for the private-public Woodward Avenue streetcar project. His office said this afternoon that he'll make the funding announcement at Wayne State University’s Welcome Center, but did not disclose a specific amount or specify the project. However, two of the streetcar project's key backers, Penske Corp. Chairman Roger Penske and Kresge Foundation CEO Rip Rapson, are scheduled to be there. The statement referred to "transit options in downtown Detroit and the surrounding region," but LaHood has repeatedly promised $25 million in federal funding for the project, known as M1 Rail, if its backers satisfied his concerns about the line's operational plan and funding. Scheduled to join LaHood for the announcement are Gov. Rick Snyder, U.S. Sens. Carl Levin and Debbie Stabenow, U.S. Reps. John Dingell and Gary Peters, Detroit Mayor David Bing, Wayne State President Allan Gilmour and Federal Transit Administrator Peter Rogoff.