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Transportation Rail Modernization
Total Funding Available: $750 million
Overview
Grants for fixed guideway modernization projects. A fixed guideway refers to any transit service that uses exclusive or controlled rights-of-way or rails, entirely or in part. The term includes heavy rail, commuter rail, light rail, trolleybus, aerial tramway, inclined plane, cable car, automated guideway transit, ferryboats, that portion of motor bus service operated on exclusive or controlled rights-of-way, and high-occupancy-vehicle (HOV) lanes.
Eligible recipients for capital investment funds are public bodies and agencies (transit authorities and other state and local public bodies and agencies thereof including states, municipalities, other political subdivisions of states; public agencies and instrumentalities of one or more states; and certain public corporations, boards, and commissions established under state law.
Special Factors
• No matching funds required.
• Fifty percent of funding must be obligated with 180 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 Any funds not obligated within these time periods will be withdrawn and reapportioned to other areas that are able to obligate the funds.
• Periodic reports to the Federal Transit Administration that include information on spending and job creation will be required.
How to Access Funding
Funds are allocated by a statutory formula to urbanized areas with rail systems that have been in operation for at least seven years. The Federal Transit Administration has released guidance that can be found at www.fta.dot.gov/index_9118.html.
Federal Contact
Federal Transit Association
Regional Office: (617) 494-2055
The Office of Program Management: (202) 366-4020
www.fta.dot.gov/funding/grants/grants_financing_3558.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 Rail Modernization
Rail Modernization
Total Funding Available: $750 million
Overview
Grants for fixed guideway modernization projects. A fixed guideway refers to any transit service that uses exclusive or controlled rights-of-way or rails, entirely or in part. The term includes heavy rail, commuter rail, light rail, trolleybus, aerial tramway, inclined plane, cable car, automated guideway transit, ferryboats, that portion of motor bus service operated on exclusive or controlled rights-of-way, and high-occupancy-vehicle (HOV) lanes.
Eligible recipients for capital investment funds are public bodies and agencies (transit authorities and other state and local public bodies and agencies thereof including states, municipalities, other political subdivisions of states; public agencies and instrumentalities of one or more states; and certain public corporations, boards, and commissions established under state law.
Special Factors
• No matching funds required.
• Fifty percent of funding must be obligated with 180 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 reapportioned to other areas that are able to obligate the funds.
• Periodic reports to the Federal Transit Administration that include information on spending and job creation will be required.
How to Access Funding
Funds are allocated by a statutory formula to urbanized areas with rail systems that have been in operation for at least seven years. The Federal Transit Administration has released guidance that can be found at www.fta.dot.gov/index_9118.html.
Federal Contact
Federal Transit Association
Regional Office: (617) 494-2055
The Office of Program Management: (202) 366-4020
www.fta.dot.gov/funding/grants/grants_financing_3558.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
