New funding rules should speed up major projects and increase local benefits.
Much of Washington is in obstruction mode these days, but not the Federal Transit Administration. The FTA recently announced changes to New Starts and Small Starts — its main capital funding programs for transit — designed to expedite the grant process. Together the programs fund about half the cost of light rail, commuter rail, bus rapid transit, and ferry systems in the United States.
The FTA's new rule was developed during a two-year outreach effort that considered roughly a thousand public comments. During that time officials kept two main goals in mind: to streamline the funding path of new transit projects, and to consider a wider range of possible benefits to local communities...
Via Lauren Moss