The Federal Transit Administration said this week it will award $600 million for new subway, light rail, and commuter rail cars under its Rail Vehicle Replacement Program, part of $1.5 billion over the next five years being provided by the Infrastructure Investment and Jobs Act.
In a news release, the FTA said a third of subway and commuter rail cars are more than 25 years old.
Proposals by transit agencies to receive a grant through the program are due by Jan. 5, 2023.
Tags: Federal Transit Administration, public transit funding, rail public transit
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