/ Financial / FTA to Offer $423.3M in Grant Funding for Transit Bus Projects

FTA to Offer $423.3M in Grant Funding for Transit Bus Projects

Parul Dubey on May 20, 2019 - in Financial, News, Transit

The Federal Transit Administration published Notice of Funding Opportunity on May 15 for approximately $423.3 million worth of transit bus project grants.

The agency said in a statement that those funds, issued via its Grants for Buses and Bus Facilities Program, is aimed at “improving the condition of bus infrastructure by funding the replacement and rehabilitation of buses and related facilities.”

[Above photo by the FTA.]

The FTA said projects eligible for this funding opportunity include those that would replace, rehabilitate, lease or purchase buses and related equipment. Other eligible projects involve purchasing, rehabilitating, constructing or leasing bus-related facilities, such as buildings for bus storage and maintenance.

Photo by FTA

“Transit buses provide a vital service for millions of Americans every day,” noted FTA Acting Administrator K. Jane Williams in a statement. “This program is an excellent opportunity for communities to enhance the safety and reliability of their buses and improve mobility for their residents.”

The agency emphasized that fixed route bus operators, states and local governmental entities that operate fixed route bus service, and Indian tribes are eligible to receive grant money via this NOFO, adding that the application period will close on June 21 at 11:59 p.m. eastern time.

 

As reported by the AASHTO Journal: https://aashtojournal.org/

 

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