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FTA: $4.45B for Major Transit Projects
March 09, 2023 | Regulatory
FTA: $4.45B for Major Transit Projects
Written by Carolina Worrell, Senior Editor
The Federal Transit Administration (FTA) on March 9 announced that 18 large transit projects in 11 states across the U.S. were recommended to receive $4.45 billion for construction by U.S. Transportation Secretary Pete Buttigieg.
According to the FTA, these large rail and bus rapid transit (BRT) projects were recommended to receive federal support in President Biden’s Fiscal Year (FY) 2024 Budget Request to Congress. Nine of those projects would receive funding recommendations for the first time while others on the list are already under construction or far along in the planning process.
In addition to recommendations for FY 2024 funding, FTA has allocated $1.1 billion in FY 2022 and 2023 funding to 31 transit projects nationwide. This funding, the agency says, will “help improve transit access to the millions of Americans who depend on it every day, help reduce emissions, and create good-paying construction jobs across the country.”
Two of the nine projects recommended to receive funding for the first time include the following rail projects:
• In Illinois, the Chicago Transit Authority Red Line Extension project will add 5.6 miles of heavy rail to Chicago’s Far South Side, reducing commute times, improving mobility and accessibility for transit-dependent residents, and promoting economic development. ($350 million)
• In Utah, the Utah Department of Transportation FrontRunner Strategic Double Track project will include double-tracking sections of the current FrontRunner system, and purchasing 10 new train sets, increasing capacity. ($316.8 million)
{snip}
FTA: $4.45B for Major Transit Projects
Written by Carolina Worrell, Senior Editor
The Federal Transit Administration (FTA) on March 9 announced that 18 large transit projects in 11 states across the U.S. were recommended to receive $4.45 billion for construction by U.S. Transportation Secretary Pete Buttigieg.
According to the FTA, these large rail and bus rapid transit (BRT) projects were recommended to receive federal support in President Biden’s Fiscal Year (FY) 2024 Budget Request to Congress. Nine of those projects would receive funding recommendations for the first time while others on the list are already under construction or far along in the planning process.
In addition to recommendations for FY 2024 funding, FTA has allocated $1.1 billion in FY 2022 and 2023 funding to 31 transit projects nationwide. This funding, the agency says, will “help improve transit access to the millions of Americans who depend on it every day, help reduce emissions, and create good-paying construction jobs across the country.”
Two of the nine projects recommended to receive funding for the first time include the following rail projects:
• In Illinois, the Chicago Transit Authority Red Line Extension project will add 5.6 miles of heavy rail to Chicago’s Far South Side, reducing commute times, improving mobility and accessibility for transit-dependent residents, and promoting economic development. ($350 million)
• In Utah, the Utah Department of Transportation FrontRunner Strategic Double Track project will include double-tracking sections of the current FrontRunner system, and purchasing 10 new train sets, increasing capacity. ($316.8 million)
{snip}