/ Financial / U.S. Department of Transportation Announces $30 Million Funding Opportunity for Passenger Ferry Service

U.S. Department of Transportation Announces $30 Million Funding Opportunity for Passenger Ferry Service

Parul Dubey on February 14, 2019 - in Financial, News

WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced the opportunity to apply for approximately $30 million in Fiscal Year 2019 competitive grant funding for passenger ferry projects nationwide. The Passenger Ferry Grant Program is authorized by Congress for projects that develop and support ferry service on many of the nation’s waterways, including the purchase, repair, and modernization of ferry boats, terminals, and related facilities that communities depend on.

“Our nation’s waterways shape the economies of many of our communities, and in these places, passenger ferry service provides a crucial connection to jobs and other important destinations,” said FTA Acting Administrator K. Jane Williams.  

FTA will award competitive grants to states and public entities to purchase, repair, or modernize ferry boats, terminals, and related facilities and equipment, supporting existing ferry service and the establishment of new passenger ferry service.

Projects will be evaluated and selected based on criteria outlined in the Notice of Funding Opportunity, including the need for improvements, demonstration of benefits to transit service, and integration with local and regional long-term planning. Applications will be accepted until 11:59 p.m., Eastern time, April 15, 2019.

Federal public transportation law (49 USC § 5307(h)), as amended by the Fixing America’s Surface Transportation (FAST) Act, authorizes FTA’s competitive Passenger Ferry Program through FY2020, subject to annual appropriations.

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