The Federal Transit Administration (FTA) recently published details about the formula funding used to help communities maintain and operate trains, buses, and ferries.
A total of $14 billion will be invested in 2023 in states and transit agencies. Funding will be used to plan and design new transit corridors, provide specialized services for seniors and riders with disabilities, transition to next-generation buses, improve public transportation, and meet local goals such as upgrading stations and tracks.
