What requirements must be met to obtain federal funds for the Red Line?
The primary source of federal capital funds for transit projects is the Federal Transit Administration Section 53-09 New Starts program. This is a discretionary capital grant program where projects from throughout the country can request up to 80 percent federal share of the construction costs of major transit projects, such as a new rail transit line, extension of an existing line or construction of a bus or transit guideway. Because requests for these funds are so numerous, projects from around the country compete against one another. In recent years, Congress has limited the federal share to 50 percent and nearly all project requests for federal assistance are in the area of 50 percent. The agency sponsoring a locally selected transit project submits a “New Starts Criteria” package to the Federal Transit Administration (FTA) as part of the process to get the project into the “funding pipeline.” This package is developed after an Alternative Analysis is completed and a locally prefer
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