The U.S. Department of Transportation’s Federal Transit Administration (FTA) has made $9.9 billion in federal formula funding available to states for transit system projects in communities of all sizes.
The funding — the largest federal investment in public transit in U.S. history — represents a partial year of federal support.
The funds will help communities maintain and operate trains, buses and ferries; upgrade stations and tracks; plan and design new transit corridors; and provide access for seniors and riders with disabilities, the DOT said.
Partial year funding was apportioned based on statutory formulas, the DOT said. Full-year funding figures will be available once Congress passes an FY 2024 appropriations bill.
The DOT said it was publishing early apportionment tables to allow transit providers nationwide to move forward with applications for FY 2024 funds to support expanding and modernizing transit systems and operations. Funding reflects formula funding available for five months (Oct. 1, 2023 to March 1, 2024) at FY 2023 levels while the federal government operates under a continuing resolution.
Full funding amounts will be published in the Federal Register later this year.
Grant programs include funding for transit systems in both urbanized and rural areas, grants for buses and bus facilities – including low- and no-emission buses – transit designed for seniors and people with disabilities, planning funds, and support to improve the condition of transit assets.
Top funding amounts include:
$1.02 billion to New York
$849.9 million to California
$379.8 million to Illinois
$280.6 million to Texas
$271.5 million to Pennsylvania
$375.2 million to New Jersey
Strategic Partnerships, Inc. can provide information on contract opportunities, plus existing and future government funding. For more information, contact research@spartnerships.com.
Photo by ITB495
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