CARES ACT FUNDING AMOUNTS

• Urbanized Area Formula Program: $22.7 Billion
• Formula Grants for Rural Areas: $2.2 Billion (includes $30 million for Tribal Transit Formula)
• Administration & Oversight: $75 Million

Eligible Expenses

ALL activities normally eligible under the Urbanized Area and Rural Area formula programs are eligible for CARES Act funding, including:

• Capital – Rolling Stock Purchases, Equipment Purchases, etc.
• Planning
• Operating
• All recipients are eligible for funding beginning January 20, 2020
• Includes all FTA recipients; rural area, small urban, and large urban transit systems.

Funding Features

• 100% federal share for all projects funded by CARES Act
• Funds are available until expended
• No lapse date
• Recipients are encouraged to use funds expeditiously
• Inner City bus requirements apply

Exceptions to Normal Requirements

Some capital expenses do not need to be in a TIP/STIP or long-range transportation plan

• Bus replacement does not need to be in the TIP/STIP
• Fleet expansion needs to be in the TIP/STIP

Program Distribution