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Rail News Home Passenger Rail

5/28/2024



Rail News: Passenger Rail

FTA announces $10.5M funding available for TOD planning


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The Federal Transit Administration (FTA) has announced the availability of $10.5 million in fiscal-year 2024 competitive grant funds through its pilot program for transit-oriented development (TOD) planning.

The funding will support local planning and investments near transit hubs to promote sustainable, livable and equitable communities, FTA officials said in a news release.

Grant applications are due July 22.

TOD links public transportation, land use and housing to create communities that are connected to transit systems. TOD planning can reduce transportation costs for U.S. families and reduce their carbon footprint by improving transit access to jobs and services, FTA officials said.

To apply for funding, an applicant must be an existing FTA grant recipient — either a project sponsor of an eligible transit project or an entity with land use planning authority in the project corridor. To ensure that work meets the needs of the local community, transit project sponsors and land-use planning authorities must partner to conduct the planning work.

The FTA will host a June 5 webinar to discuss the requirements for funding, application eligibility and criteria, and the submission process.



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