03-25-09
Contact: Paul Griffo
Telephone: (202) 366-4064
Washington, DC—The U.S. Secretary of Transportation today announced the availability of $100 million in federal funding under the American Recovery and Reinvestment Act, 2009 for the Transit Investments for Greenhouse Gas and Energy Reduction grant program.
Projects will compete for a portion of the funds on the basis of how much their proposed capital investment is expected to reduce either energy consumption or greenhouse gases, or both.
“This grant program establishes the transit industry as a leader in reducing America’s dependence on foreign oil, addressing global climate change and creating green jobs,” said U.S. Transportation Secretary Ray LaHood.
Transit agencies may apply under this grant program. Additionally, other public organizations such as State Departments of Transportation can submit consolidated project proposals on behalf of transit agencies. Grants will be made for particular projects directly to public transportation agencies.
In addition to the anticipated reduction in energy or greenhouse gasses, the projects will be rated on their return on investment, readiness to implement, the capacity of the applicant, the degree of innovation, and their national applicability.
FTA will post application instructions, answers to common questions, and a calculator to assist in developing information on energy consumption or greenhouse gas emission reduction on its website at http://www.fta.dot.gov/. Potential applicants may also register for updates to program information at this site.
###
|