APTA: Transit agencies need billions of dollars in aid due to coronavirus
Written by RT&S StaffWith transit agencies feeling the hurt of the coronavirus in the U.S., many are now hoping Congress will step up and offer some relief.
The American Public Transportation Association (APTA) is seeking about $12.9 billion in aid. The APTA says the coronavirus will result in $6 billion in lost fares over the next six months, a 75 percent drop.
“These funds are necessary to maintain essential services, including providing public transportation to healthcare workers, Medicaid recipients who receive non-emergency medical transportation, and law enforcement personnel,” APTA said in a statement. “Without these emergency funds, public transit agencies may be required to suspend services.”
Fares make up 36 percent of operating funding for transit agencies nationwide.
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