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lect12rd - The Federal Transit Administration A National...

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Unformatted text preview: The Federal Transit Administration A National Perspective A National Perspective Massachusetts Institute of Technology Center for Transportation Studies March 15, 2005 MIT Center for Transportation Studies Federal Transit Administration Overview 1 of 10 DOT Modal Agencies Provides Capital, Planning & Operating Assistance for Public Transit Improvements 500 Employees 10 Regional Offices Jenna Dorn, FTA Administrator MIT Center for Transportation Studies Weve Come A Long Way $300 Million Loan Assistance Program in 1964 $7.6 Billion Grant Program in FY 2005 MIT Center for Transportation Studies Why invest Federal dollars in public transportation? A healthy economy depends on healthy local economies, and people mobility is critical to local economic health Public transportation is a critical component of multi-modal mobility Shorter commute time means higher productivity Low income mobility means access to jobs and consumer spending MIT Center for Transportation Studies Why invest Federal dollars in public transportation? Transit infrastructure reduces economic downsides of sprawl and congestion Special transportation services reduce costs in other Federal programs (Medicare, TANF, unemployment benefits) Public transportation is essential for effective emergency preparedness and response MIT Center for Transportation Studies Transit is a Catalyst for Economic Development & Livability of Communities Sustains Prosperity and Expands Economic Growth Elevates the Quality of Life Builds and Strengthens a Sense of Community MIT Center for Transportation Studies Impact of Rising Transit Investment Funding Levels Transit use has been growing People made almost 10 billion transit trips last year In small urban and rural areas, a 62% increase since 1994 MIT Center for Transportation Studies FTA Funding Distribution Formula Program To urbanized areas for capital, planning and operating expenses To states for rural and elderly/disabled transit services and...
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lect12rd - The Federal Transit Administration A National...

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