Notice of Availability of Final Interim Policy Guidance for the Capital Investment Grant Program

Summary: The Federal Transit Administration (FTA) is announcing the availability of final interim policy guidance on the Capital Investment Grant (``CIG'') program. The final interim guidance has been placed both in the docket and on FTA's Web site. In brief, the policy guidance that FTA periodically issues on the CIG program complements the FTA regulations that govern the program. The regulations set forth the process that grant applicants must follow to be eligible for discretionary funding under the CIG program. The policy guidance provides a greater level of detail about the methods FTA uses to apply the evaluation criteria and the sequential steps a sponsor must follow in developing a project.