Bus

LaHood: FTA beats Sept. 1 ARRA awards deadline

Posted on August 31, 2009

On Monday, U.S. Transportation Secretary Ray LaHood announced that the Federal Transit Administration (FTA) last week beat the September 1st deadline to provide all states and local communities with 50 percent of their Recovery Act transit formula dollars.

 

The FTA provided nearly 90 percent of its $7.5 billion transit stimulus money to states and local communities. FTA is managing an additional $900 million in discretionary funds for New Starts projects, the Greenhouse Gas and Energy Reduction and Tribal Transit programs and oversight for a total of $8.4 billion.

 

 “This money will not only create jobs, it will also allow people to get to and from those jobs safely, reliably, and comfortably,” LaHood said. “As we put America back to work, we will also be creating a cleaner environment and reducing our nation’s dependence on foreign oil.”

 

Since President Obama signed the American Recovery and Reinvestment Act of 2009 (ARRA) into law on Feb. 17, grants totaling more than $6.7 billion have been made available for transit improvements throughout the country. The majority of these grants will be used to purchase new vehicles, increase safety and security initiatives and construct, rehabilitate, and maintain the various transit systems.

 

The U.S. Department of Transportation has made $48.1 billion available for highway, road, transit, bridge and airport construction and repairs nationwide. Of that, $26.5 billion already has been obligated to fund more than 7,988 approved projects in 55 U.S. States and Territories. Specific grant information can be found on FTA’s ARRA Grants Digest.

 

View comments or post a comment on this story. (0 Comments)

More News

Antelope Valley Transit experiments with digital bus ads

Other cash-strapped California transit agencies, facing rising operating costs, are watching the potentially lucrative test run with interest, as current state law restricts digital signage on buses to route and service information.

Calif. purchase incentives now available for New Flyer electric buses

The Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project was created by the California Air Resources Board to speed the early market introduction of clean, low-carbon hybrid and electric vehicles and is administered and implemented through a partnership with CALSTART.

REI receives New Flyer's gold 'Supplier' award

The company was recognized for exceeding delivery expectations for the fourth year in a row.

Luxury bus Leap Transit shut down for operating illegally

The startup was recently granted what’s known as the “authority to operate” — a precursor to an official license. But by driving its route between the Marina district and the Financial District without a license, regulators determined that Leap was breaking the law, according to SFGate.

New York MTA bus ridership down

Tens of thousands have been ditching the bus in Brooklyn and Manhattan, while there were modest gains on Bronx and Staten Island routes; Queens had a small decline in ridership, according to the MTA figures. The decline is attributed to traffic congestion and fare hikes.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The resource for managers of class 1-7 truck Fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close