Wednesday, March 05, 2014

FTA capital investment programs get boost under president’s proposed budget

Written by 
Concrete ties on RTD's Eagle P3 project Concrete ties on RTD's Eagle P3 project RTD

The Federal Transit Administration's (FTA) Capital Investment Grant Program is getting a funding boost under President Obama's proposed fiscal year 2015 budget. The proposed budget for 2015 includes $2.5 billion for FTA's grant programs and represents an increase of $400 million over the requested 2014 budget.

 

A breakdown of the requested funds shows $1.4 billion for existing New Starts Full Funding Grant Agreements (FFGAs) and $578.2 million for proposed New FFGAs, $275 million for Core Capacity projects, $199 million for proposed Small Starts Grant Agreements and $37 million for management and oversight.

Funds requested for projects with existing New Starts FFGAs include:

  • $100 million - Los Angeles, Regional Connector Transit Corridor
  • $150 million - San Francisco - Third Street Light Rail-Central Subway Project
  • $150 million - San Jose - Silicon Valley Berryessa Extension
  • $150 million - Denver - RTD Eagle P3
  • $250 million - Honolulu - High Capacity Transit Corridor
  • $109.1 million - St. Paul-Min., Central Corridor Light Rail Transit Project
  • $100 million - Charlotte, Blue Line Extension-Northeast Corridor
  • $47.2 million - New York - East Side Access
  • $100 million - Portland - Milwaukie LRT
  • $89.6 million - Seattle-University Link LRT Extension

 

Recommended New Starts Projects include:

  • $100 million - Los Angeles, Westside Subway Extension - Section 1
  • $63.2 million - Orlando, SunRail Phase II South
  • $100 million - Cambridge to Medford, Green Line Extension
  • $100 million - Baltimore, Red Line
  • $100 million - Maryland National Capital Purple Line
  • $65 million - Portland, Columbia River Crossing Project
  • $50 million - Fort Worth, TEX Rail

 

The proposed budget also includes $275 million for Chicago Transit Authority's Red and Purple Line Modernization Project in the funding for Core Capacity Projects. Additionally, $49 million was recommended for Fort Lauderdale's Wave Streetcar Project.

blog comments powered by Disqus