U.S. Department of Transportation Announces the Availability of $100 Million for New Ladders of Opportunity Initiative to Connect More Americans with Jobs

U.S. Department of Transportation Announces the Availability of $100 Million for New Ladders of Opportunity Initiative to Connect More Americans with Jobs

6/4/2014
Contact: Amy Bernstein
202-366-0706

WASHINGTON – U.S. Transportation Secretary Anthony Foxx today announced the availability of approximately $100 million in competitive grant funds through the Federal Transit Administration’s (FTA) new Ladders of Opportunity Initiative. The funds may be used to modernize and expand transit bus service specifically for the purpose of connecting disadvantaged and low-income individuals, veterans, seniors, youths, and others with local workforce training, employment centers, health care, and other vital services.

“Throughout our history, Americans have always been able to leave their children a brighter future, thanks in part to the opportunities transportation has provided,” said Secretary Foxx. “Innovative initiatives like this one can offer people the ladders to success they need to join the middle class, provide for their families, and achieve a better quality of life.”

Program funds may be used to purchase, replace, or rehabilitate transit buses and vans as well as to modernize or construct bus facilities (such as maintenance depots and intermodal facilities) in urban, suburban, and rural communities. Competitive proposals must also directly address ladders of opportunity for riders, including:

“Over half of the roughly 10 billion transit trips taken each year in the United States are by bus—and nearly half the buses people depend on are in marginal or poor condition,” said FTA Deputy Administrator Therese McMillan. “This new initiative will help ensure that millions of riders can count on safe, efficient, reliable bus service that connects them with opportunities and services so essential to daily life.”

Funding for FTA’s Ladders of Opportunity Initiative is drawn from leftover/remaining discretionary grant funds originally available prior to the enactment of MAP-21, as part of FTA’s Bus and Bus Facilities Program. FTA will cover up to 80 percent of the total project cost; a 20 percent local match is required.

A Notice of Funding Availability for the FTA Bus and Bus Facilities Program Ladders of Opportunity Initiative appears in today’s Federal Register (PDF).

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