To be considered for funding through the program, sponsors of projects, such as investments in rail transit, must complete a multi-step, multi-year development process outlined in statute and meet FTA … OverviewDiscretionary & Competitive Federal Grant ProgramRoughly $2.3 billion appropriated each yearFunds light rail, heavy rail, commuter rail, streetcar, and bus rapid transit projectsFAST outlines: –Multi-year, multi-step process projects must follow to receive fundsPoints during process when FTA must evaluate and rate projectsEvaluation criteria that must be used5 point FTA plans to conduct a risk assessment of New Starts and Core Capacity projects prior to entry into the Engineering phase of its Capital Investment Grants program. Page 2 GAO-18-462 Capital Investment Grants Program 3 Consequently, FTA recommended that Congress limit future funding for the Capital Investment Grants program.4 However, in March 2018 the Consolidated Appropriations Act, 2018, provided the program with more than $2.6 billion, and required FTA to continue to administer the Capital Investment To be considered for funding through the program, sponsors of projects, such as investments in rail transit, must complete a multi-step, multi-year development process outlined in statute and meet FTA requirements. This final interim policy guidance document serves as a guide for the Capital Investment Grant program through approximately FY 2016, when FTA expects to complete updates to the Major Capital Investment Projects final rule. To be considered for funding through the program, sponsors of projects, such as investments in rail transit, must complete a multi-step, multi-year development process outlined in statute and meet FTA requirements. The FTA Section 5310 Formula Grants for the Enhanced Mobility of Seniors and Individuals with Disabilities makes federal funds available to enhance mobility for seniors and persons with disabilities by providing funds for programs to serve the special needs of transit-dependent populations beyond traditional public transportation services and ADA complementary paratransit services. July 07, 2017 | Jeff Davis Share. FTA’s Capital Investment Grants program is the primary source of federal financial assistance to support transit projects that are locally planned, implemented, and operated. A lock ( LockA locked padlock ) or https:// means you’ve safely connected to the .gov website. Find the Latest Information on the Coronavirus/COVID-19 at FTA's Coronavirus landing page. As illustrated on the following page, over the past decade, more than one-half of all states have … The Capital Area Transportation Authority (CATA) proposes to build a bus rapid transit (BRT) line that traverses Michigan Avenue/Grand River Avenue from Marsh Road in Meridian Township, passing through downtown East Lansing, along the northern edge of the Michigan State University (MSU) campus, briefly through Lansing Township, and through the City of Lansing to the Capitol. FTA Announces Capital Investment Grant for the Portal North Bridge Project The Department of Transportation Federal Transit Administration (FTA) announced a $766.5 million Capital Investment Grant (CIG) agreement with New Jersey Transit Corporation (NJ … United States Department of Transportation. about 08 When will FTA conduct a risk assessment for my project? 1200 NEW JERSEY AVENUE, SE. Since 1964, FTA has partnered with state and local governments to create and enhance public transportation systems. There are some timeframes that project sponsors should keep in mind: Submitted by waseem_ullah on Fri, 2018-06-15 12:15. For Small Starts projects, the law requires completion of one phase in advance of receipt of a construction grant agreement – Project Development. 10 When can my project receive a construction grant agreement? Prior to the enactment of MAP -21, the Capital Investment Grant program was governed The total project cost is $491 million with $173 million in funding provided through FTA’s Capital Investment Grants (CIG) Program. STATEMENT OF K. JANE WILLIAMS ACTING ADMINISTRATOR FEDERAL TRANSIT ADMINISTRATION U.S. DEPARTMENT OF TRANSPORTATION BEFORE THE SUBCOMMITTEE ON HIGHWAYS & TRANSIT HOUSE TRANSPORTATION AND INFRASTRUCTURE COMMITTEE UNITED STATES HOUSE OF … about 10 When can my project receive a construction grant agreement? The U.S. Department of Transportation's Federal Transit Administration (FTA) announced a $766.5 million Capital Investment Grant (CIG) agreement with … Some projects naturally take longer than others to develop because of project complexity, size, number of project partners involved, and/or amount of non-CIG capital funding needed for the project. about 03 How soon will FTA respond to my request to enter Project Development? Find information on the transportation planning process and the environmental review process, Find the Latest Information on the Coronavirus/COVID-19 at, United States Department of Transportation, Coordinating Council on Access & Mobility, FTA-HUD/PIH Partnership for COVID-19 Recovery, Dear Colleague Letter - Capital Investment Grants Program, Projects in the CIG program may be eligible for the. FTA plans to conduct a risk assessment of New Starts and Core Capacity projects prior to entry into the Engineeringphase of its Capital Investment Grants program. Capital Investment Grants Program Regulations & Guidance. Capital Investment Grant Program (Section 5309) New and Small Starts Evaluation and Rating Process, August 2013 Last updated: Tuesday, October 6, 2015 DOT is committed to ensuring that information is available in appropriate alternative formats to … FTA will use a 65% probability threshold to determine reasonableness of the cost and schedule estimates. Capital Investment Grants Recovery Act funds in a single grant. This FTA discretionary grant program funds transit capital investments, including heavy rail, commuter rail, light rail, streetcars, and bus rapid transit. “FTA is proud to join our partners in northern Indiana to improve mobility, reduce travel times and spur economic development along this corridor,” said FTA Deputy Administrator K. Jane Williams. 1200 NEW JERSEY AVENUE, SE. WASHINGTON, DC 20590. FTA's Capital Investment Grants program is the primary source of federal financial assistance to support transit projects that are locally planned, implemented, and operated. The projects must meet additional requirements in law before a grant can be awarded. 1200 NEW JERSEY AVENUE, SE. For these reasons, Capital Investment Grants are a critical tool to addressing the mobility demands of our communities and growing the national economy. View Issue Archive. This final interim policy guidance document serves as a guide for the Capital Investment Grant program through approximately FY 2016, when FTA expects to complete updates to the Major Capital Investment Projects final rule. The funds would be allocated to the New Jersey Transit Corporation (New Jersey Transit) to enhance the reliability of commuter rail service between New Jersey […] FTA then examines risks related to the project to determine the appropriate level of contingency needed. FAST outlines: –Multi-year, multi-step process projects must follow to receive funds When determining the reasonableness of a project sponsor’s cost and schedule, FTA reviews the estimates to determine whether they include reasonable assumptions or whether adjustments need to be made. Federal Transit Administration. Business Hours:8:30 a.m.-5 p.m. ARRA appropriated $750 Million for Capital Investment Grants. The U.S. DOT’s Federal Transit Administration (FTA) announced a $766.5 million Capital Investment Grant (CIG) agreement with New Jersey Transit Corporation (New Jersey Transit) for the Portal North Bridge Project in Hudson County, N.J. FTA has continued to refine the technical methods and adjust the probability thresholds it uses to undertake the risk assessment based on historic data from previous projects. Current projects page into the FTA has partnered with state and local financial commitment.. Soon will FTA conduct a risk assessment for my project these funds can used... 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