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March 24, 2009: REP. FUDGE ANNOUNCES RELEASE OF $100 MILLION IN TRANSIT GRANTS |
WASHINGTON, DC – The
American Recovery and Reinvestment Act appropriated $100 million in new
discretionary grants for public transportation projects reducing
transit greenhouse gas emissions or decreasing transit energy use.
Today, the Federal Transit Administration (FTA)
released the details of that program known as Transit Investments for
Greenhouse Gas and Energy Reduction (TIGGER).
Projects compete for TIGGER funds based on a percentage formula. Each project
must demonstrate that its proposed capital investment will reduce energy consumption
and/or greenhouse gases. The maximum amount of
funding proposed is $25 million. The minimum is $2 million. The FTA
permits multiple transit agencies to consolidation projects and
allows consolidation of submittals by larger agencies like the State Department
of Transportation, in an effort to reach minimum levels.
Project grants will be distributed directly to public transportation
agencies. In addition to judging the anticipated reduction in
energy or greenhouse gasses, FTA will rate each projects’ level of innovation,
readiness of implementation, are ready to implement, have capacity
to perform, and the national applicability of the project.
On its
website, the FTA has posted application instructions, answers to common
questions, and made a calculator available to assist in formulating
considerations on energy consumption and greenhouse gas emission
reduction. The website is at www.fta.dot.gov. Complete
proposals for the TIGGER Grant Program must be submitted by May 22, 2009.
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