Senate Passes Stimulus Package With Billions, Potentially, for Construction
Following five days of tough negotiations among Republican and Democratic leaders and the White House, the Senate has overwhelmingly approved a massive measure aimed at helping laid-off workers, financially strapped companies and a stressed health care system—all due to the coronavirus outbreak. The Senate vote, late on March 25, was 96-0. The measure still must win House approval. Under the final version—the product of a bipartisan agreement announced early in the day—billions of dollars...
FTA Makes Emergency Funding Available for Coronavirus Needs
The Federal Transit Administration expanded eligibility of federal assistance via it Emergency Relief Program on March 13 to help transit agencies coping with the Coronavirus in states where the governor has declared an emergency. [Above photo by MBTA.] This includes allowing all transit providers – including those situated in large urban areas – to use federal formula funds for emergency-related capital and operating expenses, while raising the cap on the federal government’s share of tho...
NJDOT awards $4.8 million in Airport Improvement Program grants
Grants will support projects at nine airports in seven counties (Trenton) – The New Jersey Department of Transportation (NJDOT) today announced the awarding of 12 Airport Improvement Program grants totaling more than $4.8 million in state funds to support airport safety and improvement projects. These grants, which leverage federal funding and airport contributions, will support a total of $31.4 million worth of work. “New Jersey’s public-use airports are an important piece of the State’s...
U.S. Department of Transportation Announces $20.3 Million in Grants to Improve Transportation Access Through Innovative Technologies
WASHINGTON – The U.S. Department of Transportation’s (USDOT) Federal Transit Administration (FTA) today announced approximately $20.3 million in grant selections through the Integrated Mobility Innovation (IMI) program. IMI supports projects that use innovative technologies and processes to improve access to public transportation, increase public transportation efficiency, and enhance the overall rider experience. Twenty-five projects in 23 states will receive funding under the program. "Thes...
USDOT Announces $5 Million for Flood-Damaged Roads and Bridges in Alabama
WASHINGTON – U.S. Transportation Secretary Elaine L. Chao today announced the availability of $5 million in “quick release” Emergency Relief (ER) funds to help repair roads and bridges damaged by floods in Alabama. “This $5 million in emergency relief funding will help communities in Alabama rebuild critical highways that residents rely upon for daily travel,” said U.S. Transportation Secretary Elaine L. Chao. Beginning February 1, Alabama suffered significant rainfall statewide. Subseq...
U.S. Department of Transportation Announces $8.5 Million Funding Opportunity to Help Communities Prosper through Transit
WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced a Notice of Funding Opportunity (NOFO) to apply for $8.5 million in Fiscal Year 2020 competitive grant funding for projects that help lift communities out of poverty and support recovery from substance abuse. The new Helping Obtain Prosperity for Everyone (HOPE) program supports planning, engineering and technical studies or financial planning to improve transit services in areas experiencin...
U.S. Department of Transportation Announces Three CIG Project Sponsors Approved to Use $64 Million in Cost Savings for Additional Eligible Activities
FTA encourages project sponsors to complete projects under budget, ahead of schedule WASHINGTON – The U.S. Department of Transportation’s (DOT) Federal Transit Administration (FTA) today announced that three project sponsors of Capital Investment Grants (CIG) Program projects are approved to use a combined $64.2 million of the federal share of project cost savings for eligible activities related to their original projects. This approval will allow for additional public transportation improveme...
TFL Makes £4.5bn from Ticket Prices and £0.04p from Advertising per Passenger
Data gathered and calculated by Learnbonds.com indicates that ticket prices continue to be the leading source of income for Transport For London. The data shows that during the 2018/19 period, TFL made £4.5 billion from passenger ticket prices alone. TFL revenue grows by 5.1% During the period under review, TFL’s revenue from all subsections was £5.6 billion, an increase of 5.1% from the 2017/18’s £5.3 billion. Under passenger services, The London Underground remained the highest sourc...
USDOT Announces $653.2 Million in Emergency Relief for Road and Bridge Repairs
WASHINGTON – U.S. Secretary of Transportation Elaine L. Chao announced the U.S. Department of Transportation’s (USDOT) Federal Highway Administration (FHWA) will award $653.2 million in Emergency Relief (ER) funds to help 37 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands, make repairs to roads and bridges damaged by storms, floods, mudslides and other unexpected events. “This $653 million in federal funding will help communities repair their transportation infras...
U.S. Green Building Council Expands Its LEED for Cities and Communities Program With New $500,000 Grant From Bank of America
Grant Supports 20 Additional U.S. Cities and Communities Addressing Climate Change, Resilience and Social Equity Challenges Through LEED WASHINGTON, D.C. – The U.S. Green Building Council (USGBC), creators of the Leadership in Energy and Environmental Design (LEED) green building rating system, announced that Bank of America has provided an additional $500,000 grant to the LEED for Cities and Communities program, which helps local governments pursue LEED certification and provides access...