Borough Of Bernardsville : NJ Transit Public Notice - Fiscal Year 2021 Request For Federal Financial Assistance

Press release from the Borough of Bernardsville:

April 19, 2021

The New Jersey Transit Corporation (NJ TRANSIT), under Fixing America's Surface Transportation (FAST) Act, and under provisions of Moving Ahead for Progress in the 21st Century (MAP-21), gives notice of its intent to apply for Federal Fiscal Year 2021 federal financial assistance, Federal Fiscal Year 2020, Federal Fiscal Year 2019, Federal Fiscal Year 2018 and Federal Fiscal Year 2017 carryover funds from the following programs: $427.18 million under 49 U.S.C. Section 5307 for operating and capital assistance; $248.00 million under Section 5309 for Capital Investment Grant Program; $206.17 million under Section 5337 State of Good Repair; $8.89 million under Section 5339 Bus and Bus Facilities; $11.98 million under 49 U.S.C.; Sections 5310 Enhanced Mobility of Seniors and Individuals with Disabilities and Section 5311 Rural Transportation Program; $89. 75 million of Federal Highway Authority; and $39.61 million of Discretionary funding for a total of $1.03 billion.

Federal operating funds will be matched as required with funds provided by the State of New Jersey and local recipients in conformance with Federal and State guidelines. NJ TRANSIT intends to provide the non-Federal share of capital projects through credit for toll revenues. The Federal Fiscal Year 2021 Federal program is described below.

View Official Notice Here

This press release was produced by the Borough of Bernardsville. The views expressed here are the author’s own.