Federal Transit Administration Publishes Private Investment Project Procedures

  • 31 May 2018
  • Author: Mike Miller
  • Number of views: 481
  • 0 Comments

The Federal Transit Administration (FTA) is issuing a final rule describing new, experimental procedures to encourage increased project management flexibility, more innovation in project funding, improved efficiency, timely project implementation, and new project revenue streams for public transportation capital projects. A primary goal of this final rule is to address impediments to the greater use of public-private partnerships and private investment in public transportation capital projects. FTA anticipates using the lessons learned from these experimental procedures to develop more effective approaches to including private participation and investment in project planning, project development, finance, design, construction, maintenance, and operations.

 

The final rule’s effective date is June 29, 2018.  The final rule is here.

FTA Announces $25.8 Million for Transit Planning

  • 24 May 2018
  • Author: Mike Miller
  • Number of views: 474
  • 0 Comments
The Federal Transit Administration (FTA) announced the availability of $25.8 million in grant funds to support comprehensive planning associated with new fixed guideway and core capacity improvement projects.  Applications are due July 23, 2018.

Mulvaney Not Onboard With House BUILD and CIG Approps

Letter to Chairman Expresses Concerns

  • 22 May 2018
  • Author: Mike Miller
  • Number of views: 511
  • 0 Comments
Office of Management and Budget (OMB) Director Mick Mulvaney expressed misgivings about several transportation provisions included the House version of the FY 2019 Transportation HUD (THUD) Appropriations bill passed last week in subcommittee.

If You're Not Already Preparing for Revenue Raisers, You're Not Doing It Right

The Department of the Treasury is steadily making progress on writing guidance for the Tax Cuts and Jobs Act and have announced a tentative release schedule: June/July for the passthrough deduction, late summer/early fall for the new limitations on interest expense, and December for the big international provisions (e.g. GILTI and BEAT).

 

In the meantime, the Committee on Ways and Means is contemplating a second round of tax cuts, or Tax Reform 2.0 as they like to call it. They are aiming to make permanent the new individual provisions as well as full expensing for businesses.

Airlines FTEs Doing OK

  • 21 May 2018
  • Author: Mike Miller
  • Number of views: 507
  • 0 Comments
The Bureau of Transportation Statistics (BTS) reported on May 17th that US scheduled passenger airlines employed 2.8 % more workers in March 2018 than a year ago. This was the highest monthly full-time equivelent (FTE) employment total (434,243 FTEs) since December 2004 (436,909) and the 53rd consecutive month of exceeding the same month of the previous year.
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Grant Due: FY 2025-2026 Innovative Finance and Asset Concession (IFAC) Grant Program

WHAT DOES IT FUND? The purpose of this program to facilitate and evaluate public-private partnerships in which the private sector partner could assume a greater role in project planning, development, financing, construction, maintenance, and operation, including by assisting eligible entities in entering into Asset Concessions. Click here for more information.

WHO'S ELIGIBLE? Public entities that own, control, or maintain Existing Assets, and have the legal authority to enter a contract to transfer ownership, maintenance, operations, revenues, or other benefits and responsibilities for those Assets

TOTAL FUNDING AMOUNT? $45.98 million

WHEN IS IT DUE? October 1, 2025

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Grant Due: FY 2025 Rural and Tribal Assistance Pilot Program (Updated)

WHAT DOES IT FUND? The purpose of this program is to help applicants develop transportation infrastructure projects in rural and tribal communities that will qualify for federal funding and financing programs for additional development phase activities or construction. Funding will support either the hiring of staff or the procurement of expert firms to provide financial, technical, and legal assistance with project-related planning and design phase activities. Click here for more information.

WHO'S ELIGIBLE? Rural local governments or political subdivisions, states, federally recognized tribes, and the Department of Hawaiian Homelands

TOTAL FUNDING AMOUNT? $54.2 million

WHEN IS IT DUE? October 8, 2025

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Grant Due: FY 2025-2029 Residential (Group Home, Shelter, Transitional Foster Care) Services for Unaccompanied Alien Children

WHAT DOES IT FUND? The purpose of this program is to provide temporary residential care to unaccompanied alien children by supporting group home, shelter, and transitional foster care (TFC) providers that specialize in high-quality care of children. Click here for more information.

WHO'S ELIGIBLE? State and local governments, educational institutions, Native American tribal governments, non-profit organizations, for-profit organizations, small businesses, and faith-based and community organizations

TOTAL FUNDING AMOUNT? $1.5 billion

WHEN IS IT DUE? October 14, 2025; April 1, 2026; September 1, 2028

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Alex Yiannoutsos
/ Categories: News, News & Alerts, Grants, Other

TFG Monitoring Developments of Temporary Pause of Agency Grant, Loan, and Other Financial Assistance Programs

On January 27, the Office of Management and Budget (OMB) under President Trump issued a memorandum titled “Temporary Pause of Agency Grant, Loan, and Other Financial Assistance Programs.” The directive mandates Federal agencies to temporarily suspend the obligation and disbursement of federal financial assistance while conducting a comprehensive review of programs and awards to ensure alignment with the administration’s policies and priorities. As part of this review, agencies are also instructed to temporarily suspend the issuance of new program solicitations.

Certain financial assistance programs, such as Social Security, Medicaid, SNAP, Pell Grants, Head Start, and Rental Assistance, are specifically named as being exempt from the pause (OMB FAQs). The funding suspension will officially take effect on January 28, 2025, at 5:00 PM, with agencies required to submit detailed reports by February 10, 2025, identifying programs, projects, or activities impacted by the pause.

We are actively monitoring the situation and remain committed to keeping clients informed with the most up-to-date information and guidance. TFG will publish Special Reports with weekly updates, to ensure clients are well-informed and prepared to navigate these developments.

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Latest TFG News

28 January 2025

TFG Monitoring Developments of Temporary Pause of Agency Grant, Loan, and Other Financial Assistance Programs

On January 27, the Office of Management and Budget (OMB) under President Trump issued a memorandum titled “Temporary Pause of Agency Grant, Loan, and Other Financial Assistance Programs.” The directive mandates Federal agencies to temporarily suspend the obligation and disbursement of federal financial assistance while conducting a comprehensive review of programs and awards to ensure alignment with the administration’s policies and priorities. As part of this review, agencies are also instructed to temporarily suspend the issuance of new program solicitations.

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