Public Transit: Funding for New Starts and Small Starts Projects, October 2004 through June 2012

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By David J. Wise (au)
Year: 2012
Pages: 27
Binding Paperback
ISBN 978-1-4578-4238-2

Product Code: 1457842386

Description

The Federal Transit Admin. (FTA), through the Capital Investment Grant program, which includes the New Starts and Small Starts programs, provides funds to transit project sponsors to build new or expanded fixed-guideway transit systems. Small Starts also includes projects known as Very Small Starts projects. These three categories äóî New, Small, and Very Small projects äóî vary by total project cost and amount of the Capital Investment Grant program contribution to the cost. For New Starts, total estimated project costs exceed $250 million; for Small Starts, they are less than $250 million, and for Very Small Starts they are less than $50 million. For New Starts the federal contribution is at least $75 million, for Small Starts it is less than $75 million. The Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users requires an annual review of FTAäó»s New Starts program. This report discusses the extent to which project sponsors use non-New Starts funding to help construct New Starts, Small Starts and Very Small Starts projects. Tables and figures. This is a print on demand report.

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