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Transportation Transit Capital Assistance
Total Funding Available: $6.9 billion
Overview
Transit Capital Assistance may be used for bus, rail, and related capital assistance. The funds are broken down in the following manner:
• $100 million set aside for discretionary grants for transit capital
• $5.4 billion apportioned to states using the 5307 program distribution formula (Mass. share: $231.7 million)
• $677 million apportioned to states using the 5311 program distribution formula (Mass. share: $5.2 million)
• $675 million apportioned to states using the Growing States distribution formula
• $16.9 million of the 5311 distribution is set aside for Indian Reservation Roads
• Balance of funds reserved for FTA administration
Special Factors
• No matching funds required.
• Priority is to be given to projects in economically distressed areas.
• Priority is to be given to projects that can be completed within three years.
• Funds cannot supplant existing funding, and states must certify within 30 days of apportionment that existing funding is maintained.
• 50% of funding to states (excludes sub-allocation to Metropolitan Planning Organizations) must be obligated within 120 days after apportionment Any funds not obligated within 120 days will be withdrawn and reapportioned to other states that are able to obligate the funds.
• All funds must be obligated within one year of apportionment. Any funds not obligated within one year will be withdrawn and reapportioned to other states that are able to obligate the funds. The Secretary of the Federal Highway Administration can grant an extension of one year if a state is experiencing “extreme conditions” that create an “unworkable bidding environment.”
• Periodic reports to the Federal Transit Administration, including information on spending and job creation, will be required.
How to Access Funding
Funds will be distributed to existing transit recipients 21 days after enactment of the legislation. Fifty percent of funding must be obligated with 180 days after apportionment, and all other funds must be obligated within one year of apportionment. Any funds not obligated within these time periods will be withdrawn and redistributed under the Competitive Surface Transportation Program. The Federal Transit Administration has released guidance that can be found at www.fta.dot.gov/index_9118.html.
Federal Contact
Federal Transit Administration
Regional Office: (617) 494-2055
The Office of Program Management: (202) 366-4020
www.fta.dot.gov/funding/grants/grants_financing_3561.html
State Contact
N/A
MMA Staff Contact
Matthew G. Feher, This e-mail address is being protected from spambots. You need JavaScript enabled to view it , (617) 426-7272
Transportation Transit Capital Assistance
Transit Capital Assistance
Total Funding Available: $6.9 billion
Overview
Transit Capital Assistance may be used for bus, rail, and related capital assistance. The funds are broken down in the following manner:
• $100 million set aside for discretionary grants for transit capital
• $5.4 billion apportioned to states using the 5307 program distribution formula (Mass. share: $231.7 million)
• $677 million apportioned to states using the 5311 program distribution formula (Mass. share: $5.2 million)
• $675 million apportioned to states using the Growing States distribution formula
• $16.9 million of the 5311 distribution is set aside for Indian Reservation Roads
• Balance of funds reserved for FTA administration
Special Factors
• No matching funds required.
• Priority is to be given to projects in economically distressed areas.
• Priority is to be given to projects that can be completed within three years.
• Funds cannot supplant existing funding, and states must certify within 30 days of apportionment that existing funding is maintained.
• 50% of funding to states (excludes sub-allocation to Metropolitan Planning Organizations) must be obligated within 120 days after apportionment Any funds not obligated within 120 days will be withdrawn and reapportioned to other states that are able to obligate the funds.
• All funds must be obligated within one year of apportionment. Any funds not obligated within one year will be withdrawn and reapportioned to other states that are able to obligate the funds. The Secretary of the Federal Highway Administration can grant an extension of one year if a state is experiencing “extreme conditions” that create an “unworkable bidding environment.”
• Periodic reports to the Federal Transit Administration, including information on spending and job creation, will be required.
How to Access Funding
Funds will be distributed to existing transit recipients 21 days after enactment of the legislation. Fifty percent of funding must be obligated with 180 days after apportionment, and all other funds must be obligated within one year of apportionment. Any funds not obligated within these time periods will be withdrawn and redistributed under the Competitive Surface Transportation Program. The Federal Transit Administration has released guidance that can be found at www.fta.dot.gov/index_9118.html.
Federal Contact
Federal Transit Administration
Regional Office: (617) 494-2055
The Office of Program Management: (202) 366-4020
www.fta.dot.gov/funding/grants/grants_financing_3561.html
State Contact
N/A
MMA Staff Contact
Matthew G. Feher, This e-mail address is being protected from spambots. You need JavaScript enabled to view it , (617) 426-7272
Last Updated on March 23, 2009
