Law will provide up to $108 billion for transit – most significant federal support in nation’s history
WASHINGTON – The Bipartisan Infrastructure Law is the largest investment in American infrastructure in generations, and marks an inflection point for American transit. It will boost transit funding for communities all over the country by an average of 30% – helping communities address maintenance backlogs, modernize and expand. The new funding provided under the bill will help transit agencies reduce the current maintenance backlog by 15% and replace more than 500 aging subway, light rail, and commuter rail cars. It will further modernize the nation’s transit fleet by replacing more than 10,000 fossil-fuel powered transit vehicles with cleaner electric or low-emission transit vehicles.For more information, go here.