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FTA's bus funding represents the third bus grant package since President Biden signed BIL, which has invested more than $3.3 billion in American transit buses and the infrastructure that supports them.
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Upon Administrator Fernandez’s departure from FTA on February 24, FTA Deputy Administrator Veronica Vanterpool will serve as acting administrator.
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The support, provided through FTA’s ER Program, will help agencies repair damaged equipment and facilities and recoup costs for evacuation and rescue operations following floods, hurricanes, and tornadoes occurring in 2017 and 2020 to 22.
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DOT previously approved a private activity bond allocation of $1 billion for Brightline West in 2020, bringing the total allocation for this project to $3.5 billion.
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In a letter, APTA President/CEO said “At a minimum, we urge the THUD Appropriations Act, together with advance appropriations of the Infrastructure Investment and Jobs Act, to provide $21.1 billion for public transit and $16.7 billion for passenger rail, as passed by the Senate..."
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In December, the FRA announced $8.1 billion in funding for passenger rail projects. The funding is a part of the Bipartisan Infrastructure Act that Congress passed several years ago, but the funding now is flowing aggressively.
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The $2.6 billion combined operating budgets for both conventional and Wheel-Trans paratransit services and represents a 7.5% increase over the approved 2023 budget.
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The unprecedented investment in America’s nationwide intercity passenger rail network builds on a $16.4 billion investment announced last month for 25 projects of national significance along America’s busiest rail corridor.
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The U.S. High Speed Rail Coalition says the federal investment is a sign that “the tide has turned” for high-speed rail in America.
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The U.S. Department of Transportation oversees the Reconnecting Communities Program and supports projects that remove or mitigate barriers to community connectivity. Benefits that result include better mobility, economic stimulus, equity, and citizen benefits.
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