The U.S Department of Transportation’s Federal Transit Administration (FTA) recently awarded 21 organizations funding to improve their access to public transit.
The $19.5 million will be specifically used on creating or improving mass transit systems.
According to the Notice of Funding Availability, “FTA intends to fund as many meritorious ( Transit-Oriented Development) TOD planning efforts as possible. Only proposals from eligible recipients for eligible activities will be considered for funding. FTA anticipates minimum grant awards of $250,000 and maximum grant awards of $2 million. The maximum period of performance allowed for the work covered by the award is 24 months.”
A project list is available online and in the Federal Register.
“Transit-oriented development is critical to the success of new projects and to the economy of the local communities they serve,”
Therese McMillan, the FTA's acting administrator, said.