February 2, 2010

President's budget includes $1.82B for 27 projects

On Monday, President Obama proposed $1.82 billion in funding for 27 major transit construction projects that will create jobs and increase transportation options throughout the U.S.

A complete list of projects, which are located in metropolitan areas across the nation, is available here.

The spending plan included in President Obama's Budget submitted to Congress announces recommendations to invest $834.6 million in 19 new transit construction projects — 10 of which are new funding recommendations in FY 2011, and 9 of which have been recommended for funding in previous years, but still await construction grant agreements. The plan also provides $924.6 million for the continued funding of eight projects already under construction in New York, Dallas, Denver, Salt Lake City, Seattle, and Northern Virginia.

FTA's Annual Report on Funding Recommendations for Fiscal Year 2011 also provides information and ratings for all projects in the New Starts and Small Starts programs.

 

 

 

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