PennDOT accepting applications for Multimodal grant funding
“When we were developing Act 89 of 2013, the state’s historic transportation funding bill, we recognized the importance and need of promoting multimodal investments,” Sen. John Rafferty (R-44), chairman of the state Senate Transportation Committee, said. “The Multimodal Transportation Fund is an innovative, sustainable funding alternative to improve transit, aviation, rail freight, bicycle and pedestrian alternatives and other transportation-related projects in this commonwealth.”
Act 89 established a dedicated Multimodal Transportation Fund to stabilize funding for ports and rail freight, increase aviation investments, establish dedicated funding for bicycle and pedestrian improvements, and allow targeted funding for priority investments in any mode.
With $40 million in grants available for fiscal year 2016-17, PennDOT plans to announce grant recipients early next year for funding available starting July 2016. Applications are due by Dec. 18.
“I am impressed by the level of interest in the Multimodal Transportation Fund that is transforming how we invest more wisely in an interconnected transportation system that creates jobs and strengthens economic growth in Pennsylvania,” Rafferty said.
The Multimodal Transportation Fund is administered by the Commonwealth Financing Authority separately from PennDOT’s multimodal program.