The President provided his FY24 budget request yesterday, which includes nearly $4.5B for various transit projects. Of course, this is just a request and Congress needs to enact a budget.
FTA: $4.45B for Major Transit Projects
By Carolina Worrell
Railway Age
March 9, 2023
"The Federal Transit Administration (FTA) on March 9 announced that 18 large transit projects in 11 states across the U.S. were recommended to receive $4.45 billion for construction by U.S. Transportation Secretary Pete Buttigieg.
According to the FTA, these large rail and bus rapid transit (BRT) projects were recommended to receive federal support in President Biden’s Fiscal Year (FY) 2024 Budget Request to Congress. Nine of those projects would receive funding recommendations for the first time while others on the list are already under construction or far along in the planning process.
In addition to recommendations for FY 2024 funding, FTA has allocated $1.1 billion in FY 2022 and 2023 funding to 31 transit projects nationwide. This funding, the agency says, will “help improve transit access to the millions of Americans who depend on it every day, help reduce emissions, and create good-paying construction jobs across the country..."
https://www.railwayage.com/regulator...nsit-projects/