METRO Magazine Logo
MenuMENU
SearchSEARCH

Feds Make $9.9B in Formula Funds Available to Transit

The funding will help communities maintain and operate trains, buses, and ferries; upgrade stations and tracks; plan and design new transit corridors; and provide access for seniors and riders with disabilities.

February 29, 2024
Feds Make $9.9B in Formula Funds Available to Transit

Formula-based grant programs include funding for transit systems in both urbanized and rural areas, grants for buses and bus facilities — including low- and no-emission buses — transit designed for seniors and people with disabilities, planning funds, and support to improve the condition of transit assets.

Photo: Larry Levine

3 min to read


The Federal Transit Administration (FTA) announced $9.9 billion in federal formula funding, part of the largest investment in public transit in U.S. history, is available to support public transportation in communities throughout the U.S.

The funding will help communities maintain and operate trains, buses, and ferries; upgrade stations and tracks; plan and design new transit corridors; and provide access for seniors and riders with disabilities.

Ad Loading...

Apportionment Funding

The partial-year Fiscal Year (FY) 2024 funding is detailed in apportionment tables that specify funding to states, urbanized areas, and Tribal governments based on statutory formulas.

“When we invest in public transit, we improve daily life for millions of Americans across the country, and make it easier, safer, and more affordable to get around communities of every size,” said U.S. Transportation Secretary Pete Buttigieg. “The Biden-Harris administration is making the largest investment in public transit in U.S. history, including $9.9 billion announced today, to help communities improve public transit and expand it to reach more people than ever before.”

The tables specify funding available through FTA formula programs and represent a partial year of federal support for transit.

The publication of apportionment tables allows transit providers nationwide to move forward with applications for FY 2024 funds to support expanding and modernizing transit systems and operations. The funding reflects formula funding available for five months (October 1, 2023 to March 1, 2024) at FY 2023 levels while the federal government operates under a Continuing Resolution.

“The Bipartisan Infrastructure Law provides significant increases to transit funds across the country, from counties with just one van providing rides to systems operating hundreds of trains, buses, and ferries in the largest cities in America,” said FTA Acting Administrator Veronica Vanterpool. “Communities depend on this funding to start new projects, fix old infrastructure, and bring more fast, safe, convenient service.”

Ad Loading...

FTA’s Formula Funding

FTA distributes formula funds to state Departments of Transportation, Tribal nations, and urbanized areas. Formula-based grant programs include funding for transit systems in both urbanized and rural areas, grants for buses and bus facilities — including low- and no-emission buses — transit designed for seniors and people with disabilities, planning funds, and support to improve the condition of transit assets.

The tables allow transit agencies and grant recipients to view the amounts for programs set by statutorily defined formulas so they can better plan and manage over the long term for new projects and address their repair backlogs.

This year, due to changes resulting from the 2020 Census, some areas will see changes in funding amounts due to new urbanized area boundaries, as well as changes in populations. The apportionments reflect changes occurring in areas that exceed or fall below the 50,000-population threshold for urban areas, as well as other thresholds within the urban programs that determine whether funds are apportioned to the states or directly to urbanized areas.

Full-year formula funding will be available once Congress passes an FY 2024 appropriations bill. Once enacted, transit funding will support President Biden’s Bipartisan Infrastructure Law to support transit in 500 urban communities across the country and rural transit systems nationwide, allowing hundreds of transit agencies to buy new buses and railcars, improving reliability and transit service.

To view funding state-by-state, click here.

More Management

Railby StaffFebruary 2, 2026

Chicago Region Transit Ridership Grows in 2025

The region’s fixed-route system finished out the year with a total of 373.5 million rides. Adding 12.3 million rides over 2024 represents an increase that is equal to the annual transit ridership of Kansas City.

Read More →
New Mobilityby StaffJanuary 30, 2026

Chicago's Pace Expands VanGo Mobility Program

The service is a flexible, reservation-based transit service designed to close the first- and last-mile gaps and connect riders to employment for just $5 per day.

Read More →
A blue and white graphic with text reading "Foothill Gold Line: Design Contract Award & 2026 Board Leadership."
Managementby StaffJanuary 30, 2026

Foothill Gold Line Board Awards Claremont Extension Design Contract to Parsons, Maintains Board Leadership for 2026

Parsons wins the $60M Claremont Extension design contract as the Foothill Gold Line board reaffirms leadership during a pivotal project phase.

Read More →
Ad Loading...
Technologyby StaffJanuary 29, 2026

Houston METRO Introduces RideMETRO Fare System

The upgraded system, which went live earlier this month, supports METRO’s METRONow vision to enhance the customer experience, improve service reliability, and strengthen long-term regional mobility.

Read More →
Managementby StaffJanuary 29, 2026

Valley Metro Sees Strong Ridership Growth in 2025

The agency ranked top five among mid-sized U.S. transit systems, defined as agencies with 15 million to 50 million annual trips.

Read More →
A b2x rewards logo and graphic reading "Read. Learn. Earn."
Managementby StaffJanuary 29, 2026

Bobit Business Media Launches B2X Rewards to Engage Transit Industry Professionals

The new program rewards B2B audience readers for engaging with trusted content and suppliers, earning them points toward events, travel, and more.

Read More →
Ad Loading...
Busby StaffJanuary 29, 2026

Subway Customer Satisfaction Reaches Record High, New York MTA Says

The subway system saw increases across all key metrics, with 62% of subway riders reporting they feel satisfied with the system overall.

Read More →
Busby StaffJanuary 28, 2026

New Orleans RTA Reaches Agreement with ATU

The agreement provides competitive wages and reflects strong labor-management collaboration, positive working relationships, and a shared commitment to building a world-class transit system for the community, said RTA CEO Lona Edwards Hankins.

Read More →
Managementby StaffJanuary 27, 2026

Keolis Retains Virginia Railway Express Contract

The new contract for Keolis and VRE will commence in July 2026, with the potential to expand to 15 years.

Read More →
Ad Loading...
Busby StaffJanuary 27, 2026

California's OCTA Advances 2026 Initiatives Centered on Balance and Sustainability

The priorities are outlined in the 2026 Board and CEO Initiatives and Action Plan, which serves as a roadmap to guide the agency’s work throughout the year and ensure continued progress and accountability on voter-approved transportation investments and essential mobility services.

Read More →