Department of Transportation Secretary Ray LaHood announced, last week, the availability of $826.5 million to modernize and repair transit around the country, underscoring President Obama’s dedication to infrastructure investments.
“An American economy that’s built to last must be built on a solid foundation, and when we have buses, transit facilities, and other equipment that’s in disrepair, we simply cannot afford to ignore them,” Secretary LaHood said. “The President knows that transportation projects like those we’ll fund from today’s announcement will help provide businesses and families with the safest, fastest, most efficient way to connect with opportunity.”
“Reliable and desirable transit systems enable hard-working American families to keep billions of dollars in their wallets rather than hand them over at the gas pump,” said Federal Transit Administrator Peter Rogoff. “These investments will ensure that transit remains a dependable option and advance President Obama’s goal for an America Built to Last.”
Out of the $826.5 million, $650 million will be available for replacing or rehabilitating infrastructure through the Federal Transit Administration’s State of Good Repair Initiative. Another $125 million will go towards projects that improve quality of life through the Bus and Bus Facilities Livability Initiative. The final $51.5 million will fund projects that help communities meet national air quality standards through the Clean Fuels Grant Program.
Read Secretary LaHood’s full press release here.
Find the full Notices of Funding Availability here along with the due dates for each grant type.