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Transit Stimulus $$$

Started by mrpete, March 06, 2009, 10:48:54 AM

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mrpete

According to Recovery.gov, dated March 5, 2009, $8.4 billion has been allocated for transit projects around the country. These grants will be for capital projects only and not for operations. Maryland is being allocated more than $179 million; DC $125 million and VA, $116 million.

Details at http://www.fta.dot.gov/index_9118.html

The projects have to be ready to go within 180 days or the FTA begins taking the money back to be redistributed where it will be spent quickly.