The federal funding formula for capital costs attached to the coronavirus pandemic will change in states that have declared an emergency.
"The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced that expanded eligibility of federal assistance is available under FTA’s Emergency Relief Program to help transit agencies respond to the coronavirus (COVID-19) in states where the Governor has declared an emergency," according to a press release from the FTA, dated March 13, 2020.
That expanded availability "includes allowing all transit providers, including those in large urban areas, to use federal formula funds for emergency-related capital and operating expenses, and raises the cap on the federal government’s share of those expenses," according to the press release.
More details about the emergency support available from the FTA are available on the press release.
Read the full story: U.S. Department of Transportation Announces Increased Flexibility to Help Transit Agencies Respond to Coronavirus
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