Government Issues

FTA allocates $1.36B in CIG funding for 16 new, existing projects

Posted on April 9, 2019

The Federal Transit Administration (FTA) announced a total of $1.36 billion in federal funding allocations to 16 new and existing transit projects in the Capital Investment Grants (CIG) Program.

FTA is allocating approximately $424.8 million in appropriated Fiscal Year (FY) 2018 CIG funding to two projects that have existing construction grant agreements and five new projects, subject to further review and approval, that are nearing readiness for consideration to receive such an agreement. In addition, FTA is allocating $936 million in appropriated FY 2019 CIG funds to nine projects with existing construction grant agreements.

With this announcement, FTA has advanced funding for 22 new CIG projects throughout the nation since Jan. 20, 2017, totaling approximately $5.06 billion in funding commitments.

The five new CIG projects included as part of the announcement are

  • First Coast Flyer Southwest Corridor Bus Rapid Transit (BRT) project in Jacksonville, Florida;
  •  Virginia Street Corridor BRT project in Reno, Nevada;
  • River Corridor/Blue Line BRT project in Albany, New York;
  • Division Transit BRT project in Portland, Oregon; and
  • Central City Line BRT project in Spokane, Washington.

FTA indicated its intent to fund these and existing CIG projects through updated allocation notices for FY 2018 and FY 2019 CIG funding appropriated by Congress. Funding for new CIG projects will be awarded once the project sponsors complete the rigorous CIG program steps outlined in law and FTA signs construction grant agreements with the project sponsors.

The CIG Program provides funding for major transit infrastructure capital investments nationwide. Projects accepted into the program must go through a multi-year, multi-step process according to requirements in law to be eligible for consideration to receive program funds.

To view the projects receiving funding, click here.

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

More News

Chicago becomes largest U.S. city to commit to 100% clean energy

The resolution also calls for complete electrification of Chicago Transit Authority’s bus fleet by 2040.

Greater Dayton RTA chief tapped to lead Bus Coalition

Mark Donaghy was voted into the position on March 17, at an annual membership meeting in Washington, D.C.

Mayor announces plan to create Atlanta's first city DOT

Announcement starts a period of assessing and developing the organizational and reporting structure of the eventual department.

FTA transfers WMATA safety, announces all states now meet oversight standards

In addition, approximately $48.5 million in FTA grant funding withheld due to the District, Maryland, and Virginia is now available

Public transit infrastructure needs at least $232 billion, APTA says

U.S. projects range from those in need of major repair or maintenance to new priorities including terminal constructions and electric bus fleets.

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