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A total of 107 projects in 50 states and territories will receive funding from FTA’s Buses and Bus Facilities Infrastructure Investment Program.
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The approval also clears the way for Metro to take advantage of highly competitive tunnel contract bids, which have come in lower than expected.
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The FTA’s estimate puts rail’s price tag at $8.3 billion, which is $134 million more than the city’s budget estimate. HART now needs to find that additional money in the next 60 days.
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A discussion with FTA Acting Administrator K. Jane Williams.
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Intends to work with selected project sponsors to further define the steps that must be completed before a construction grant can be awarded under the Pilot Program.
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Will help improve options for people with limited transportation choices and bridge gap between service providers in the transportation and health sectors.
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Must finalize a FFGA before its can access the first $200M of the $1.17 billion grant.
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The 13.1-mile project will connect the Indianapolis central business district with the Village of Broad Ripple to the north and the University of Indianapolis to the south.
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FTA has begun conducting pre-transition activities, including briefings with MSC's executive team and board members.
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It will serve the University of New Mexico, regional medical facilities, entertainment, shopping, and recreational destinations.
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