The annual formula funding grants support transit facilities and maintenance, electrification and equipment upgrades, and expansion of service.
The Federal Transit Administration (FTA) announced over $14 billion for state and local transit agencies to fund “upgrading stations and tracks, transitioning to next-generation buses, planning and designing new transit corridors, and providing specialized service for seniors and riders with disabilities.”
The investment represents the federal government’s annual formula funding for public transit, which “makes up more than two-thirds of the annual $21 billion transit program.” Formula funding is allocated based on formulas that use population and ridership data. According to the FTA, “This year's transit formula funding represents a 28% increase over previous funding levels before the Bipartisan Infrastructure Law was passed.”
Read the full story: FTA Announces More than $14 Billion in Federal Funding to Support Public Transportation Across the U.S.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
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