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$1.58 billion in FTA funds to go to 27 U.S. transit projects
Posted By Equipment World Staff On June 29, 2011 @ 10:13 am In Construction News | No Comments
U.S. Transportation Secretary Ray LaHood has announced $1.58 billion for 27 transit projects nationwide that will improve public transportation access for millions of Americans while reducing our dependence on foreign oil and curbing air pollution.
“Investing in a modern transportation network is a key part of President Obama’s strategy to win the future by out-building and out-competing the rest of the world,” LaHood says in a written press statement. “America’s long-term economic success requires investing now in transportation infrastructure capable of moving people and goods more safely, efficiently and quickly than ever before.”
Federal Transit Administrator Peter Rogoff says that investments in expanding America’s transit networks will not only improve reliable transportation access for communities across the country, but also will support construction jobs and economic development.
“A more efficient and reliable transit network means new opportunities for Americans to keep more of their paychecks in their wallets and spend less at the gas pump,” he adds.
Twenty-seven transit projects across America are on a path to receive funding under the New Starts program, through which Federal Transit Administration (FTA) provides federal support for major capital construction projects such as subways, light rail, streetcars, and bus rapid transit. These projects include:
A complete list of the 27 projects receiving New Starts funding allocations for 2011 can be found here. 
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