Board Approves Local Share of Federal Grants Funding to Advance Key Transportation Programs
Nov. 26, 2014
Related To: Capital District Transportation Authority (CDTA)
The Capital District Transportation Authority (CDTA) Board of Directors Nov. 25 announced the approval of its local match for two federal grants totaling nearly $1.5 million to be used for key transportation projects.
CDTA was awarded the funds through the Federal Transit Administration’s Urbanized Area Formula Program to support preventative maintenance, bus and facilities programs. The funding will be used to purchase commuter buses, paratransit vehicles and shelters. CDTA is on pace to provide more than 17 million rides during its current fiscal year, surpassing last year’s record total of 16.5 million.
Federal funding supports 80 percent of the costs with the New York State Department of Transportation and CDTA providing the other 20 percent of the cost. Congestion Mitigation and Air Quality Improvement program funding supports costs associated with the acquisition of CDTA’s New Fare Collection system and park and ride signage at lots throughout the Capital Region.
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