FTA Funds TOD Study of DART’s D2 Project Stations
The Federal Transit Administration (FTA) has awarded Dallas Area Rapid Transit (DART) $1 million to plan for transit-oriented-development (TOD) at five stations along the planned two-mile Downtown Dallas (D2) Subway. The D2 Subway project is a future second light rail line through downtown Dallas that extends from Victory Park to Deep Ellum while adding four new stations and relocating another. The funded TOD study includes one surface station (Museum Way), three underground s...
U.S. Department of Transportation Awards $43.3 Million in Advanced Transportation and Congestion Management Technologies Grants
WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today awarded Advanced Transportation and Congestion Management Technologies Deployment (ATCMTD) grants valued at $43.3 million to ten states for projects using cutting-edge technologies that will improve mobility and safety for America’s travelers. “This $43.3 million in federal funding will advance innovative technologies that will improve mobility and safety in America’s transportation network,” said...
Federal Transit Administration Announces $22.97 Million to Improve Transit Access in Selected Communities Around the Country
WASHINGTON – The Federal Transit Administration (FTA) today announced that it has awarded a total of $22.97 million to 23 organizations around the country to support comprehensive planning projects that improve access to public transportation. The funds are from FTA’s Pilot Program for Transit-Oriented Development (TOD) Planning, which assists communities that are developing new or expanded mass transit systems. "We are proud to support our local partners as they plan for transit-oriented dev...
U.S. Department of Transportation Announces Availability of $291 Million for Rail Capital Projects
WASHINGTON - The U.S. Department of Transportation’s Federal Railroad Administration (FRA) today issued a Notice of Funding Opportunity (NOFO) for the Federal-State Partnership for State of Good Repair Grant Program (Partnership Program). The NOFO includes $291.4 million in grant funding and is the third such NOFO for the Partnership Program to help repair and rehabilitate intercity passenger railroad assets. “This Administration has continuously emphasized the importance of investing in the...
BYD Partners with Transit Partners to Secure FTA Grant Awards
Los Angeles, CA, June 11, 2020 - BYD (Build Your Dreams) congratulates its transit agency partners for securing Federal Transit Administration (FTA) grants to expand the use of zero-emission bus technology. Agencies partnering with BYD secured over $10 million in FTA funding through the agency’s Low- or No-Emission (Low-No) Grant program, which funds the purchase or lease of zero-emission and low-emission transit buses and supporting facilities. “BYD is ready to assist its transit agency c...
Scaling up for 2021: AW-Energy seeking growth capital to deliver its first scheduled commercial wave energy projects with its certified technology
Finland: AW-Energy Oy (AWE), the Finnish global leading wave energy technology company, is using corporate finance advisory firm Fredericks Michael & Co. in New York to identify and approach potential strategic partners and investors for additional growth capital needs in support of the commercial WaveRoller® deliveries scheduled in 2021. With projects in US, Europe and Asia, AWE expect to see rapid growth for its technology as governments, operators and energy policy strive for cleaner and...
U.S. Department of Transportation Announces $130 Million in Grants for Nationwide Projects to Expand Advanced, Efficient Bus Technologies
WASHINGTON – The U.S. Department of Transportation’s (USDOT) Federal Transit Administration (FTA) today announced approximately $130 million in grant selections through the Low- or No-Emission (Low-No) Grant program, which funds the deployment of transit buses and infrastructure for the purchase or lease of zero-emission and low-emission transit buses and supporting facilities. In this competition, FTA focused on the introduction of new technology not commonly found within U.S. transit systems...
USDOT Announces $891 Million for 12 Transit Infrastructure Projects Across America
WASHINGTON – The Trump Administration today announced a total of $891 million in federal funding will be provided by the U.S. Department of Transportation’s Federal Transit Administration (FTA) to 12 transit infrastructure projects. The allocations of funding across the country will be used to advance the readiness of projects for a construction grant agreement or a Full Funding Grant Agreement (FFGA). Funding is provided through FTA’s Capital Investment Grants (CIG) Program. FTA is allocatin...
U.S. Department of Transportation Announces $5 Million Funding Opportunity for Tribal Transit Projects Nationwide
WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced the availability of $5 million in Fiscal Year 2020 competitive grant funding to support transit services for American Indian tribes and Alaska Native villages in rural areas. FTA’s Tribal Transit Program is authorized by Congress to support public transportation for federally recognized Indian tribes and Alaska Native villages, groups, or communities, as well as to meet the needs of older...
U.S. Department of Transportation Announces $1.25 Million in Funding Available for Real-Time Transit Infrastructure and Rolling Stock Condition Assessment Demonstration Program
WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced the availability of $1.25 million in funding to demonstrate and evaluate innovative technologies and designs to improve the state of good repair for transit agencies. The competitive grant funds are provided through the Public Transportation Innovation Program. A Notice of Funding Opportunity (NOFO) appears in the Federal Register. The Public Transportation Innovation Program authorizes F...