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The rule redefines a “major capital project” as a new fixed guideway project — or an expansion, rehabilitation, or modernization of an existing fixed guideway system — with a total project cost of $300 million or more and with a federal investment of $100 million or more.
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FTA Deputy Administrator K. Jane Williams said that the federal funding for both projects “will help create jobs and support communities as they recover from the COVID-19 public health emergency.”
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The $700,000 grant will be used to develop a $1.3 million Travel Rewards Research Pilot Project.
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AIM grant recipients will deploy new transportation technologies and services, including microtransit, vehicle automation, integrating ride-hailing services with transit, and contactless fare payments.
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With the announcement, FTA has advanced funding for 39 new CIG projects throughout the nation since Jan. 20, 2017, totaling approximately $9.7 billion in funding commitments.
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Projects involve the construction of commercial, residential, or mixed-use projects near transit or on transit system-owned land.
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A total of 96 projects in 49 states and territories receive funding from FTA's Grants for Buses and Bus Facilities Program.
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The Expedited Project Delivery Pilot Program aims to achieve faster delivery of new transit capital projects.
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The high-level planning project will help determine if the KCS corridor can provide mobility and economic opportunity for Denton County and the North Texas region.
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In this two-minute video message, FTA Acting Administrator K. Jane Williams thanks frontline transit workers for their many sacrifices, highlights the Administration’s response and looks ahead as the economy continues to re-open.
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