AUSTIN, TX —Austin Transit Partnership’s Austin Light Rail Phase 1 Project has officially entered the Project Development phase under the Federal Transit Administration’s Capital Investment Grants New Starts program – the competitive grant program that funds transit capital investments.
As planned, local funding will leverage federal dollars to fund the project. ATP is now eligible for future reimbursement of allowable costs incurred for the planning and design work to develop the project. This Project Development phase is an initial step towards the execution of a final grant agreement with the FTA.
“This milestone signals federal support for this voter-approved project and brings Austin Light Rail one step closer to delivering billions in infrastructure investments and jobs to Texas,” Greg Canally, executive director of the Austin Transit Partnership, said. “Our extensive work with our community, along with the expertise and diligence of the ATP team and partnership with FTA, has allowed us to reach this important milestone.”
Over the next two years, ATP will complete the Project Development phase, to include completing National Environmental Policy Act requirements and advancing architectural and engineering design of the system. Completing these and other activities will ensure sufficient information for FTA to evaluate and rate the light rail project under the Capital Investment Grants criteria. FTA will remain in contact with ATP, providing technical assistance and project oversight as Austin Light Rail Phase I moves through Project Development.
“ATP is ready for this moment—we have both national and small business firms to help advance through the Project Development process. We look forward to working with the community and FTA as, together, we continue to advance Austin Light Rail,” said Jennifer Pyne, EVP, Planning, Community and Federal Programs.
###
About Austin Transit Partnership
The Austin Transit Partnership is the local government corporation responsible for implementing Project Connect and leading Austin Light Rail. ATP is responsible for the day-to-day implementation, planning, financing, execution and oversight of Austin Light Rail.