Combining three major discretionary grant programs into one Multimodal Projects Discretionary Grant opportunity reduces the burden for state and local applicants and increases the pipeline of “shovel-worthy” projects that are now possible because of the Bipartisan Infrastructure Law.
Although COVID-19 has certainly presented the transit industry with significant challenges, the timing of introducing new initiatives might actually be advantageous, tempering unrealistic expectations for success.
Use for operating expenses in addition to capital expenses and permits operating expenses to be covered at an 80% federal share.
The project will serve a dense suburban corridor where the existing roadway network is constrained and travel options are limited to two congested roadways.
The $2.9 billion project budget includes up to $1.17 billion from a Full Funding Grant Agreement executed by the FTA.
There are 30 states that must obtain FTA certification of their SSO Programs by April 15, 2019. Four states have already met the deadline: Ohio, Minnesota, Utah, and the District of Columbia.
Only 3.6% of the TIGER grants that were recently announced went to public transit projects, representing a significant decrease in public transit TIGER grants.
Increases affect each segment of the project ranging from 20% to 35% and show revised schedules that would push out delivery dates.
More than 64% of this round of TIGER funding was awarded to rural projects, a historic number that demonstrates this Administration’s commitment to supporting the country’s rural communities.
The equipment will be installed on Amtrak-owned diesel locomotives that primarily operate on national Amtrak network and state-sponsored routes in the east and midwest.
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