The steep rise in real estate and construction costs in the region in combination with advancing environmental review and project designs have driven up cost estimates for future transit expansions, contributing to a $6.5 billion affordability gap for delivering projects on earlier schedules.
The $267-million, 18-mile project aims to build a high-quality BRT line that will connect the San Fernando and San Gabriel valleys, traveling east-west between the North Hollywood Metro B (Red)/G (Orange) Line Station and Pasadena City College
Funding will go toward major investments in railcars, locomotives, bridges, and stations.
The rule redefines a “major capital project” as a new fixed guideway project — or an expansion, rehabilitation, or modernization of an existing fixed guideway system — with a total project cost of $300 million or more and with a federal investment of $100 million or more.
The Fiscal Year 2019 grants will support 39 projects in 20 states
Replacing the current system, which is 47 years old, will allow more trains to run closer together and enhance Transbay capacity.
Contract supports and extends FTA’s critical role in overseeing deployment of federal grants for approved transit projects.
Ensures continued improvements aimed at providing customers with faster, smoother and safer public transit services.
The new lab will test dozens of new features that make subway stations more accessible for riders of all abilities.
As the MTA’s largest-ever capital plan, the agency hopes to make over $40 billion in capital investments in New York City Transit.
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