The Commonwealth Transportation Board (CTB) approved the Fiscal Years 2024 to 2029 Six-Year Improvement Program, which allocates about $6.3 billion in funding to public transportation and rail programs over the next six years. The (DRPT) will administer the funds for rail and public transportation systems in Virginia to help manage traffic congestion and provide transportation choices while also safely transporting people and goods across the Commonwealth.
The program is supported by the Commonwealth Transportation Fund, which uses a methodology to distribute funding to highway, bridge, rail, transit, transportation demand management, ports, aviation, and space flight projects.
The CTB approved $861.9 million in funding for public transportation and rail programs in Fiscal Year 2024. This funding will help support the operation of transit and commuter service programs. The program will assist with the improvement of bus stops and replacement of aging transit vehicles, some of which will be low- and no-emission vehicles. State funding will go toward Transit Ridership Incentive Program projects that improve regional connectivity and reduce barriers to transit use for low-income riders. The program also funds enhancements to the rail network, such as rail crossing upgrades to improve safety.
For more information on what is in the Six-Year Improvement Program, visit DRPT’s Open Data Portal at www.data.drpt.virginia.gov.
-via Press Release