The package will total $3.84 billion for six projects. It includes a new TIFIA loan for the Downtown Redmond Link Extension, and refinancing of five previously approved loans under improved terms.
August 19, 2021
The $2.9 billion project budget includes up to $1.17 billion from a Full Funding Grant Agreement executed by the FTA.
September 4, 2019
The $477 million sale consisted of fixed-rate bonds at a total interest cost of 3.596%. The favorable rate is significantly lower than the 5.3% average over the last 30 years.
December 14, 2016
Transportation Secretary Anthony Foxx launched the Build America Bureau earlier this year to provide a one-stop-shop for state and municipal governments to find innovative solutions to funding critical infrastructure projects.
December 27, 2016
The Administration offered cuts to crucial programs that fund public transit infrastructure to pay for their proposed infrastructure plan.
March 19, 2018
The improvements covered by the grant will save more than an estimated $80,000 a year in utility and operations costs and allow the agency to leverage an additional $175,000 in utility rebates.
August 15, 2012
Public transit leaders came together to discuss ballot measures across the country.The press conference was held at the APTA 2016 Annual Meeting held in Los Angeles.
September 13, 2016
With $14 billion in projects in the works, Toronto Transit Commission jumps from No. 15 last year to take 2010's No. 1 slot. ARRA funds are still having a big impact in the U.S.; however, ongoing budget issues and lack of federal transportation authorization still threaten many agencies and their ongoing projects.
May 11, 2010
The funds were made available under the Further Extending Government Funding Act, which provides partial-year spending authority through February 18, 2022.
February 3, 2022
The public transportation industry and its large supplier base are about to receive their largest financial boost in history. The boost will then become even larger and more sustained if other pending legislative actions remain on track.
February 20, 2022
The transit projects create and sustain construction and operations-related jobs and help communities provide better, more frequent transit service.
March 29, 2022
Additional Assistance Funding may be awarded to transit systems demonstrating additional assistance is needed to cover operating expenses related to maintaining day-to-day operations, cleaning and sanitization, combating the spread of pathogens on transit systems, and maintaining critical staffing levels.
September 8, 2021
This funding is part of more than $30 billion for public transportation in the American Rescue Plan Act signed into law by President Biden last March.
February 2, 2022
The agency will use funds from a new statewide employee payroll tax to support two key priorities: a low-income fare program and bus service expansion.
November 28, 2017
Regaining momentum will take time, but there are some short-term expectations we can look forward to.
January 7, 2021
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