The report, to be considered by the TTC board, recommends funding for the plan would come from Toronto's City Building Fund.
Funding for the Central City BRT project is provided through FTA’s CIG Program, which provides funding for major transit infrastructure projects nationwide.
This round of renewal work will not require any reductions or modifications in service for Amtrak and NJ TRANSIT trains.
The 10-year, $10B program to upgrade regional rail infrastructure, and improve commute times ahead of 2028 Olympics.
Also, transit agencies and other institutions outside of California can leverage the contract to simplify the electric bus purchasing process.
The vehicles are the first of approximately 500 electric buses that will be purchased as part of the historic 2020-2024 Capital Plan.
Sophie Guiny joins the team as an exceptionally accomplished transportation infrastructure funding and financing expert and will be based in the Washington, D.C. office.
The report concludes that every dollar of public investment returns $2.82 in the form of jobs, infrastructure investment, productivity gains, environmental benefits, and money saved by riders.
In Fiscal Year 2019, FTA has made available more than $12 billion in funding.
Includes investing $1 billion to enhance access to transit services, including delivery of the OC Streetcar and expanding Metrolink.
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