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The financial plan reflects updates since the MTA warned of a fiscal cliff heading into 2023, with a projected $600 million deficit.
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Administered by CALSTART and partner Tetra Tech, the EnergIIZE Project will offer $11.4 million in total infrastructure incentives for transit agencies.
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The funding will be used to upgrade and improve transportation infrastructure in Parkersburg, construct a multipurpose transit center in Martinsburg, and more.
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The grants are part of President Biden’s Investing in America agenda.
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This funding invests in more than 1,700 American-built buses that will be manufactured with American parts and labor.
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Without an increase in funding, Metro would be forced to make drastic cuts to rail, bus, and paratransit services across the region.
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The program allocates about $6.3 billion in funding to public transportation and rail programs over the next six years.
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Upcoming rail projects will tend to have similar components, but they will differ in size and type. Planning documents indicate that commonalities will include enhancing operations, acquiring new technology, and initiating ways to efficiently accommodate more riders.
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Construction on the line will begin immediately with service scheduled for 2025.
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The $150 million grant means the project has all funding in-hand to construct the $291 million system, which will provide more reliable, convenient, and faster service.
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