A nearly $1.2-billion grant from the Federal Transit Administration to the Seattle-area Sound Transit agency marks the largest transit grant since Donald Trump became president. As part of its designated federal Capital Investment Grants (CIG) program, the current administration has signed 13 funding agreements for $3.3 billion.
The $1.17-billion full funding grant agreement for Sound Transit’s Lynnwood Link light rail extension, signed in December, comes along with a $658-million low-interest loan from the U.S. Dept. of Transportation’s Build America Bureau.