Government Issues

FTA approves Caltrain FFGA for corridor electrification project

Posted on May 22, 2017

The Federal Transit Administration (FTA) intends to sign the San Carlos Peninsula Corridor Electrification Project (Caltrain) Full Funding Grant Agreement (FFGA) in preparation for releasing the Fiscal Year (FY) 2017 funds appropriated in the recently enacted 2017 Consolidated Omnibus Appropriations Bill.

In the Omnibus Bill enacted on May 5, $1.460 billion was appropriated for New Start projects with fully signed FFGAs, $285 million was appropriated for New Start projects anticipated to advance to signed FFGAs, as well as $100 million for signed Core Capacity projects and $232.85 million for new Core Capacity projects. Of the new Core Capacity projects not yet under FFGAs, $100 million was appropriated for Caltrain. In addition, $408 million was appropriated for Small Starts projects.

With the Caltrain project having met all of the statutory requirements, the FTA intends to sign the FFGA and intends to allocate the FY 2017 Congressionally appropriated funds to the project in its upcoming apportionments notice. As with all signed FFGAs, additional funding amounts specified in the agreement are subject to the Congressional Appropriations process during future years. The FTA notified the Caltrain project sponsors today.

The FTA’s Capital Investment Grant Program is the nation’s primary grant program for funding major transit capital investments. Projects accepted into the highly competitive program must go through a multi-year, multi-step process outlined in legislative requirements in order to receive program funds.

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

More News

U.S. DOT announces major initiative to support rural transportation needs

Will address the challenges by assisting stakeholders in understanding how to access grants and financing products and developing data-driven approaches to solve issues.

USDOT names winners of automated driving demo grants

Grants aim to gather safety data to inform rulemaking and foster collaboration amongst state and local government, private partners.

FTA announces $19M to support transit oriented development

In order to apply for program funding, an applicant must be an FTA grantee.

Phoenix voters defeat measure to end light rail construction

The vote marks the fourth time since 2000 that Phoenix voters have publicly supported light rail through the election process.

FTA seeks comment on Project Management Oversight rule revisions

Proposed changes would streamline the PMO regulation by reducing the number of projects subject to FTA project management oversight.

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