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3/10/2023
The U.S. Department of Transportation yesterday recommended 18 transit projects in 11 states to receive $4.45 billion in federal funding for construction as part of President Joe Biden's proposed fiscal-year 2024 federal budget.
Half of the projects — a mix of those underway and project proposals — involve heavy and light rail. They are:
The projects will receive the funds through the Federal Transit Administration's Capital Investment Grants and Expedited Project Delivery Pilot programs, supported by $2.85 billion in annual congressional appropriations and $1.6 billion in FY 2024 funding provided through the Infrastructure Investment and Jobs Act.
The funds will flow to project sponsors once FTA signs a grant agreement with them, USDOT officials said.
Biden's proposed budget faces Republican lawmakers' opposition, with some saying the document is dead-on-arrival.