The Federal Transit Administration (FTA) has given seven transit projects around the country some welcome news, allocating a total of $554.3 million to help finance them.
The funding, which FTA announced on Dec. 17, comes from the agency’s Capital Investment Grants, or CIG, program. The group includes a mix of heavy rail, light rail, streetcar and bus rapid transit (BRT) projects.
Two of the seven have Full Funding Grant Agreements in place with FTA, the critical step needed for the construction phase.
