FTA Issues $544M in CIG Grants to Seven Transit Projectseditor@aashto.org December 18, 2020 0 COMMENTS
The Federal Transit Administration is providing a total of $544.3 million to help fund seven transit infrastructure projects in seven states –Arizona, California, Indiana, Minnesota, Missouri, North Carolina and Utah – via its Capital Investment Grants or CIG program.
[Above graphic via the FTA.]
The agency noted that two of the projects receiving a share of that CIG grant money have an existing Full Funding Grant Agreement in place with the FTA and can immediately receive funds. Meanwhile, the remaining five projects are “advancing towards readiness” to receive CIG construction grants: meaning they must meet additional requirements in law before grant funds can be disbursed.
“These transit infrastructure investments will help communities improve access and mobility to transit service as they address the impacts of the COVID-19 public health emergency and continue their economic recovery,” noted K. Jane Williams, FTA’s deputy administrator, in a statement
With this announcement, FTA said it has advanced funding for 41 new CIG projects across the country over the last four years, totaling approximately $10.7 billion in CIG commitments.