State of Good Repair Funding Announced

Federal Transit Administration (FTA)
FTA announces up to $775 million for state of good repair projects “to finance capital projects to replace, rehabilitate, and purchase buses and related equipment and to construct/rehabilitate bus-related facilities, including programs of bus and bus-related projects which may include assistance to subrecipients that are public agencies, private companies engaged in public transportation, or private non-profit organizations.” FTA recognizes the importance of transit to personal mobility, to the environment and to “energy sustainability” as well as the dismal financial situation in which many transit systems find themselves. More information is available at http://www.fta.dot.gov/about/about_FTA_8986.html.