October 31, 2014

Federal funding announced for transit modernizing

WASHINGTON – More than $826 million will become available to transit systems in the U.S. this year for modernizing and repairing vehicles, the Department of Transportation announced Feb. 6.

“An American economy that’s built to last must be built on a solid foundation, and when we have buses, transit facilities, and other equipment that’s in disrepair, we simply cannot afford to ignore them,” said Transportation Secretary Ray LaHood said. 

The recipients of these funds will be announced in July, LaHood said.