USDOT announces $20B for transit in 2022

President Joe Biden and the U.S. Department of Transportation’s Federal Transit Administration (FTA) announced Wednesday that the federal government would invest more than $20 billion into American transit under the Bipartisan Infrastructure Law.

The funding represents a 58 percent increase over 2021 and will enable transit agencies in communities of all sizes to modernize and expand their services, the USDOT said…

The funding includes $6.9 billion for the Urbanized Area Formula Program supporting transit agencies in large cities and suburbs; $4.1 billion for the State of Good Repair Formula Program; $893 million for the Rural Area Formula grants supporting transit programs in rural areas, and $422 million for the Enhanced Mobility of Seniors and Individuals with Disabilities program.