
18 large transit projects in 11 states across the nation were recommended to receive $4.45 billion for construction by U.S. Transportation Secretary Pete Buttigieg. These large rail and bus rapid transit (BRT) projects were recommended to receive federal support in President Biden’s Fiscal Year (FY) 2024 Budget Request to Congress. Nine of those projects would receive funding recommendations for the first time. Others on the list are already under construction or far along in the planning process. In addition to recommendations for FY 2024 funding, FTA has allocated $1.1 billion in FY 2022 and 2023 funding to 31 transit projects nationwide. This funding will help improve transit access to the millions of Americans who depend on it every day, help reduces emissions, and create good-paying construction jobs across the country.
“Transit connects people to jobs, schools, loved ones, and more,” said U.S. Transportation Secretary Pete Buttigieg. “We’re proud to deliver this funding to expand transit across the country, which will create good-paying construction jobs and provide better options for people to get where they need to go.”
The projects will improve how people travel in their communities, create and sustain jobs in construction and operations, and help communities provide better, more frequent transit services. More transit means more access for everyone – to economic opportunities and services essential for daily life – as well as reducing the greenhouse gas emissions that cause climate change.
The Fiscal Year 2024 Annual Report on Funding Recommendations accompanies President Biden’s FY 2024 Budget Request. Building on the President’s strong record of fiscal responsibility, the Budget more than fully pays for its investments—reducing deficits by nearly $3 trillion over the next decade by asking the wealthy and big corporations to pay their fair share.
The listed projects, which require a local funding match, seek funding through the FTA Capital Investment Grants (CIG) and Expedited Project Delivery (EPD) Pilot programs. The report allocates $2.85 billion in annual appropriations requested from Congress and $1.6 billion in FY 2024 funding provided through the Bipartisan Infrastructure Law.
Federal support will begin to flow to project sponsors only after FTA signs a grant agreement. Today’s report details the FY 2024 funding recommended for each project once project sponsors meet the requirements in the law.
“Transit is a great equalizer for our nation,” said FTA Administrator Nuria Fernandez. “For the men and women who will use these systems, this investment will open doors to opportunities they may otherwise never have had. For the communities where they’ll be built, every dollar we provide will result in five dollars, or even more, of economic growth.”
The CIG Program and EPD Pilot Program are the Federal government’s primary grant programs supporting new large transit capital projects that are locally planned, implemented, and operated. This includes investments such as new and expanded subway systems, commuter rail, light rail, streetcars, and bus rapid transit.
Nine projects are recommended to receive funding for the first time:
The President’s FY 2024 Budget also includes proposed funding for four projects with existing construction grant agreements:
In California, $643 million is recommended for two projects: the Los Angeles Westside Subway Section 2 and Section 3 rail projects. The Westside Subway provides a critical connection for the region’s second-largest job center and connects downtown Los Angeles with the Westside.
In Minnesota, $291.9 million is recommended for the Minneapolis Southwest Light Rail Transit project. The Southwest Light Rail adds 14.5 miles to the existing METRO Green Line and connects downtown Minneapolis, downtown Saint Paul, St. Louis Park, Hopkins, Minnetonka, and Eden Prairie.
In Washington, $250.7 million is recommended for the Seattle Lynwood Link Light Rail extension project. This project will extend the light rail system from Northgate station in King County to the Lynnwood City Center Station in Snohomish County and is intended to relieve congestion, improve transit performance, and enhance mobility choices.
The FY 2024 budget request also includes proposed funding for five projects in the CIG/EPD pipeline, which continues funding recommendations for projects that received partial funding in prior budgets:
In California:
In Minnesota:
In New York/New Jersey:
FTA’s Annual Report on Funding Recommendations for the Fiscal Year 2024 CIG and EPD Pilot Programs, including links to individual project profiles, is available on FTA’s website.
The Bipartisan Infrastructure Law, enacted in November 2021, is the Biden-Harris Administration’s plan for building a better America with a historic investment in our nation’s infrastructure and competitiveness. The Bipartisan Infrastructure Law provides support to rebuild America’s roads, bridges and rails, upgrade and expand public transit, modernize the nation’s ports and airports, improve safety, tackle the climate crisis, advance environmental justice, and invest in communities that have too often been left behind. It will drive the creation of good-paying union jobs and grow the economy sustainably and equitably to help everyone get ahead for decades to come.
Gulftainer (GT) has unveiled its strategic plans to develop the Al Dhaid Multi-Modal Trade Corridor—a landmark 150-hectare regional powerhouse with annual capacity of 1.5 million TEUs.
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