“The proposed legislation is a critical step in supporting public transit agencies so that they can survive and help our communities and nation recover from the economic fallout of the pandemic. House Speaker Nancy Pelosi called the package “a good bipartisan bill” on the House floor Monday morning, while Senate Majority Leader Mitch McConnell issued a statement Sunday that read in part “as our citizens continue battling the coronavirus this holiday season, they will not be fighting alone.”. The plan includes $9.7 billion in investments for public transit, roads, bridges, and bicycle and pedestrian improvements. h��W�r�6~��~��q����Lfl9��ĉc�N��?` ��P�BR�����ꊛi�Áp-�=�o!�4Ie�P�UJ�&�'D0_S��>#TS��Ԡ �1�=. endstream endobj startxref Opportunity Zones. “This Administration is making significant … Biden's election has also rekindled interest in the possibility of a major new infrastructure package of some sort, at a time when a five-year transportation funding law, which Congress extended last year, is set to expire in September. Under the House Democrats' infrastructure plan from earlier this year, the federal government would provide significant funding for rail and transit, as … The package includes $1 billion for National Infrastructure Investments (TIGER/BUILD grants), which is equal to what was made available in 2020. MISSISSAUGA, ONT. The transportation infrastructure in the United States includes more than 4 million miles of roads and roadways, many of which are in need of repair, safety improvements or expansion to meet growing demand. This is $6 billion less than what was proposed earlier this month, but this segment of the transportation industry was completely left out of the CARES Act. FL: Feds to give $30.8 million to local transit agencies for coronavirus relief. U.S. The Federal Transit Administration (FTA) was appropriated $13 billion, which is $37 million above the 2020 enacted level. Today, it was announced that the City of Mississauga will receive $113.5 million in federal and provincial funding for transit infrastructure through the Investing in Canada Infrastructure Program (ICIP). Transportation Infrastructure Finance and Innovation Act (TIFIA) Program. President Trump has signed the bill into law. There is a caveat to the funding for urbanized areas (UZAs) in that no UZA may exceed 75 percent of the area’s 2018 operating costs when combined with the funds provided through the Coronavirus Aid, Relief and Economic Security (CARES) Act. Updated 12/21/20 10:43 pm: The Senate has passed the emergency relief and spending package; the bill now heads to President Trump. Freeland will be tasked with working with the IPTMA Board and member companies to provide comprehensive transportation solutions to employers and employees in the area. Joint federal, provincial and municipal funding through the Investing in Canada infrastructure plan will support 12 public transit projects in the City of Mississauga. endstream endobj 114 0 obj <>>> endobj 115 0 obj <>/Font<>/ProcSet[/PDF/Text]>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 116 0 obj <>stream Mass Transit has broken its analysis into two parts, the first dealing with the emergency relief funding and the second with the omnibus legislation. APTA and the public transportation industry will continue to advocate for additional emergency funding in the new year, with at least $32 billion needed to serve essential workers and help our communities recover.”. Transportation Infrastructure Finance and Innovation Act (TIFIA) TIFIA provides credit assistance for qualified projects of regional and national significance. 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