In a major distribution of federal transit funds, the U.S. Dept. of Transportation has allocated $20.5 billion to states and metropolitan areas for a variety of programs, including new and upgraded rail lines, stations, and other facilities.
The apportionments, which DOT’s Federal Transit Administration announced April 4, are fiscal year 2024 dollars from the Infrastructure Investment and Jobs Act. They are critically important to the transit agencies around the nation, accounting for about 65% of all funds FTA provides to them each year.