Federal Funding Challenges and Opportunities

  • Upload
    nysa

  • View
    38

  • Download
    1

Embed Size (px)

DESCRIPTION

Federal Funding Challenges and Opportunities. David Vozzolo Vice President National Transit Planning and Project Development. Decision to Pursue Federal Funds?. Impact on project schedule and cost Project “competitiveness” in FTA rating Fit within regional program of projects - PowerPoint PPT Presentation

Citation preview

PowerPoint Presentation

Federal Funding Challenges and OpportunitiesDavid VozzoloVice PresidentNational Transit Planning and Project Development Decision to Pursue Federal Funds?Impact on project schedule and costProject competitiveness in FTA ratingFit within regional program of projectsCongressional support and commitmentDemonstrated local public, government and business support

Current USDOT Funding SourcesFTA Formula Grant Programs5303, 5304, 5305 Metropolitan/Statewide Planning5307 Large Urban Cities (Formula Funds)

USDOT Flexible FundsSTP - Surface Transportation ProgramCMAQ - Congestion Mitigation/Air QualityNHS - National Highway System

FTA Discretionary Grant ProgramsFunds awarded competitively5339 Alternatives Analysis5309 Capital AssistanceTCSP - Transportation, Community, System Preservation

FTA Small Starts ProgramNew program introduced in 2005

$200M annually authorized

Congressional intent to simplify requirements and speed-up project delivery

Fixed guideways, or Corridor bus projects are eligible

Total cost under $250 M andSmall Starts share under $75 M

Summary RatingProject Justification RatingFinancial RatingNon-New Starts Share(20%)Capital Finances(50%)Operating Finances(30%)Other FactorsCost Effectiveness(33%)Land Use(33%)Economic Development(33%)Small Starts Project RatingsAlso Must Meet Minimum Project Development Requirements78Federal Funding Cycle Process OverviewMid to Late SummerAnnual Report Submittals due to FTAEarly FallFTA and DOT begin budget discussions with OMBNovemberFTA completes evaluations/ratingsDecemberFTA finalizes Annual Report (reflects conditions as of November)February

Annual Report published (includes funding recommendations and evaluations/ratings)October or laterAppropriations

Federal Partnership for Sustainable CommunitiesHUD-DOT-EPA

9Six Partnership Principles

10 FY 2010 Livability Funding Opportunities

Each agency has identified targeted funding sources that support sustainable communities

HUD new programs in FY 10 appropriations

DOT TIGER I + II - FTA Urban Circulators + Bus Livability. Alternatives Analysis came out last Friday - FHWA TCSP funds

EPASmart growth brownfields cleanup water/sewer watershed cleanup

11FTA Streetcar Funding ActionsMay 2009 FTA Small Starts ProgramPortland, OR - Eastside Extension - $75 m

Feb 2010 Recovery Act TIGER I Dallas Downtown Streetcar - $23 mDetroit M1/Woodward Ave -$25 mNew Orleans Union Passenger Terminal/Loyola Loop - $45 mPortland, OR - SW Moody St. & Streetcar Reconstruction - $23 mTucson Modern Streetcar - $63 m

April 2010 FTA Research ProgramDomestic streetcar propulsion -$2.4 m

Spring 2010 - Urban Circulator (Small Starts ) - $130 m 65 applications seeking $1 billion Decisions in July 2010

Fall 2010 - TIGER II $600 m - Pre-Applications due by July 26

Urban Circulator Grants Awarded in July 2010AwardsCharlotte, NCChicago, ILCincinnati, OHDallas, TXFort Worth, TXSt. Louis, MONot AwardedTucson, AZNew Orleans, LAPortland, ORLos Angeles, CASacramento, CACripple Creek, COGreeley, COFayetteville, NCSan Antonio, TXSalt Lake City, UTWashington, DCThe Times They Are AChanginAdministrative fixes to some previous rules

Assembling available funds for circulator and transit projects

Proposed Rulemaking on New Starts and Small Starts

Re-Authorization of Transportation Program