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7/30/2020
The Federal Transit Administration (FTA) yesterday announced the availability of $225 million in grant funding to achieve faster delivery of new transit capital projects.
The funding is available under FTA’s Expedited Project Delivery Pilot Program and is authorized by the Fixing America’s Surface Transportation Act.
Eligible capital projects must use public-private partnerships, be operated and maintained by employees of an existing public transportation provider, and have a federal cost share not exceeding 25 percent of the project cost.
“By encouraging innovative partnerships and funding from a variety of sources, projects can be completed more quickly, making better use of taxpayer dollars, and bringing new transit service to growing communities,” said FTA Acting Administrator K. Jane Williams in a press release.
Currently, $100 million of the grant funding is available for allocation. Up to eight projects can be awarded funding.
A notice of funding opportunity appears in the Federal Register.