Federal Transit Administration Announces Relief Funds
The Federal Transit Administration (FTA) announced on January 11 that $14 billion in supplemental funding will be made available through the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 (CRRSAA). In April 2020, $25 billion was allocated to the FTA for supporting the response to the COVID-19 pandemic through the Coronavirus Aid, Relief, and Economic Securities (CARES) Act.
Using the urbanized area and rural area formulas for apportionment, $13.27 billion and $678.2 million will flow through the programs, respectively to recipients all over the country. The funds must be made available no later than January 27, thirty days after the bill was enacted. Apportionments from fiscal year 2020 will be used to allocate the additional funds, allowing for their prompt distribution. Keeping in line with policy from the CARES Act, funding will be provided at 100 percent federal share, requiring no local contributions. The CRRSAA directs recipients to prioritize payroll and operational needs while also allowing those funds to be used for traditional expenses eligible under each program. The tables below detail the fund allocations:
GFOA’s Federal Liaison Center will continue to monitor funding opportunities from the federal government.