Potential benefits to the public transit system include capital cost and schedule savings, greater use of private sector innovation and technology, and the ability to finance all or part of the overall lifecycle costs of the project with private funds.
Read More →Many of the Silo/Lilo deals that AIG insured included buses or railcars, which transit agencies sold to investors, providing a much-needed cash boost.
Read More →In his new position, Welbes will be accountable for providing executive leadership and continuity for the day-to-day administration and operation of the full range of FTA's responsibilities.
Read More →
As numerous cities are looking to reap the benefits of implementing streetcar systems, such as urban redevelopment and enhancing pedestrian mobility, many face hurdles when it comes to qualifying for Small Starts funding. Portland and Seattle serve as models for other cities looking to build projects without federal help.
Read More →
The September 11 terrorist attacks occurred just two months after Jenna Dorn was confirmed as chief of the FTA. But she’s got more than security on her mind, including the reauthorization of TEA 21, streamlining of grants processing and creating a results-driven environment.
Read More →