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New York funding

This Award Obligates Section 5307 Trust Funds Apportioned To Uza 1 In The Amount Of $297992000…

$298.0M

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Funder
Department of Transportation
Amount
$298.0M
Recipient
Metropolitan Transportation Authority
Deadline
Through June 1, 2029

Purpose

Department of Transportation awarded $298.0M to Metropolitan Transportation Authority for This award obligates section 5307 trust funds apportioned to uza 1 in the amount of $297992000 from ffy 2020 and 2021. the breakdown is as follows: new york city transit ($282492000) lirr ($2500000) and metro-north ($13000000). this award uses transportation development credits for match ($59598400). the toll credit approval for appropriations through and including ffy 2022 is attached.purpose of the award this award will assist the mta to invest capital funding into its assets/infrastructure maintained by nyct mnr and lirr.activities to be performed the application scope of work includes right of way and rail station rehabilitation projects for lirr mnr nyct.expected outcomes this application will support the mtas need to…

federalusaspendinggranteconomic developmentny

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