Bus

FTA awards $182M to New Starts projects

Posted on December 28, 2010

On Monday, the Federal Transit Administration (FTA) announced it is advancing a total of $182.4 million in New Starts funding for seven transit projects already under construction in New York, Dallas, Salt Lake City, Seattle and Northern Virginia.

"By making these payments now, we're not only fulfilling the federal government's commitment to these projects sooner, but we're also giving a well-timed boost to communities that have made an important investment in their transportation infrastructure," said U.S. Transportation Secretary Ray LaHood.

The grants being awarded will not increase the federal government's overall share in the projects but, instead, a portion of the federal share for each project is being paid earlier than expected because of unallocated funds in FTA's Fiscal Year 2010 budget for new construction.

The projects, which include subway, light rail and commuter rail, have already been given full funding grant agreements.

In recent years, the FTA has provided between $1.5 billion and $1.8 billion annually toward new public transportation projects through its New Starts Program, the primary source of federal assistance for local sponsors of transit construction.

To view a summary of projects receiving advance payments, click here.

 

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

More News

Hometown Trolley acquires Supreme Corp.'s American Trolley product line

The purchase furthers Hometown Trolley's overall strategic business model to become the leading trackless trolley bus manufacturer in the North American transit industry.

Volvo Buses unveils pedestrian and cyclist detection system

The system will be introduced on Volvo’s European city bus fleet in 2017.

Stertil-Koni introduces high-performance, low-capacity hydraulic vehicle lift

The company’s ST 1064 hydraulic mobile column lift has a capacity of 14,000 lbs. per column, or 56,000 lbs. for a set of four.

METRO, PERC honor innovation, clean fleets at BusCon 2016

Arrow Stage Lines, L.A. Metro and Pierce Transit and their supplier partners, as well as fleets in San Diego and Detroit were among the honorees.

Blue Bird Commercial to feature range of options at BusCon 2016

Commercial bus fleet operators will find a full range of small and medium-sized buses at the Blue Bird booth (#501) at BusCon 2016 being held at the Indiana Convention Center in Indianapolis on Sept. 19 - 21.

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 number 1 resource for vocational 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