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FTA announces key priorities, public transit funding under infrastructure law

November 16, 2021

The Federal Transit Administration (FTA) announced key priorities and funding for public transportation as a result of President Biden signing the Infrastructure Investment and Jobs Act (IIJA) into law.

The law authorizes up to $108 billion, including $91 billion in guaranteed funding for public transportation—which FTA says is the most significant federal investment in transit in the nation’s history.

The agency also says the law will boost transit funding for communities all over the country by an average of 30%—helping communities address maintenance backlogs, modernize, and expand. The new funding provided under the bill will help transit agencies reduce the current maintenance backlog by 15% and replace more than 500 aging subway, light rail, and commuter rail cars.

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