Last week, the Federal Transit Administration released its final guidance for New Starts and Small Starts policies and procedures. The FTA’s discretionary New Starts program is the Federal government’s primary financial resource for supporting locally-planned, implemented, and operated transit “guideway” capital investments. Small Starts grants are for lower-cost projects that qualify for a highly simplified project evaluation and rating process by FTA. In order to qualify as a Small Start, the total project cost must be less than $250 million, with no greater than $75 million in requested in grant funding.
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