Global Transit Director Matthew Tucker Marks IIJA Anniversary with Metro Magazine
The Infrastructure Investment and Jobs Act authorizes $1.2 trillion in funding in U.S. transportation and infrastructure, a once-in-a-generation investment. For transit systems, the IIJA represents a 64% increase in funding through programs administered by the Federal Transit Administration, critical investments that will allow the industry to advance state of good repair work and invest in new projects that are critical to their communities.
Two years after the legislation was signed, Global Transit Director Matthew Tucker spoke with Metro magazine about the impact of the law. Tucker shared how the IIJA has impacted the transit industry, including a continued emphasis on sustainability and equity. The increased funding is accelerating the transition of buses and trains to zero emissions technologies. And the power of transit is being used to expand mobility in disadvantaged communities and connect residents and neighbors in exciting new ways.
“Having committed federal funding unlocks supplemental funding from state, local and private sources,” said Tucker. “It also provides communities with more confidence funding will be available for their needs, one reason we’ve seen the Capital Investment Grant pipeline grow to more than 60 projects.”
Read the whole article, “Biden Administration Marks 2nd Anniversary of IIJA”, at Metro’s website.