Colorado Transit Agencies Receive State of Good Repair Funding
October 25, 2011 - Statewide Transportation Plan - DENVER – Seven Colorado transit providers will receive nearly $10.8 million in federal funding for transit projects around the state in 2012, agencies that provided over 100 million passenger trips last year.
U.S. Transportation Secretary Ray LaHood announced the grants, which are a portion of the $928.5 million in federal funds for more than 300 public transportation projects in urban, suburban, and rural areas around the country. The money will put people to work renovating and building much needed transit facilities, manufacturing new clean-fuel buses, and helping communities plan responsibly for their future transit needs.
“A safe, reliable transit system is key to ensuring Coloradans can get to work and go about their business,” said U.S. Sen. Michael Bennet. “These resources will help Colorado’s transit providers make much-needed upgrades and improvements to maintain service around the state and put more Coloradans back to work.”
In addition to the federal funds, a 20% funding match is required by the local agency, providing a total transit investment of $13,438,804 in Colorado.
The agencies that received funding include:
“In these difficult economic times, these are the grant dollars we need to protect. America should be making more investments in infrastructure to create jobs now and avoid sliding further backward in the operations and maintenance of our transit systems,” said U.S. Rep. Diana DeGette. “I’m proud that the Department of Transportation recognized the commitment of our stakeholders at all levels, particularly the RTD, and with these grants, has decided to continue their support of the Denver-area transportation system as a model for the nation.”
The state had applied for over $111 million in funding for 30 projects around the state, including $83 million for projects in the Denver area.
“Transit providers around the state are struggling financially to provide the needed service in their communities,” said the Colorado Department of Transportation’s Division of Transit and Rail Director Mark Imhoff. “The State of Good Repair grants help with capital needs, allowing other sources of funding to be put into operations. Every little bit helps.”