The federal Formula Grant awarded by the Federal Transit Administration (FTA) under the Buses and Bus Facilities Formula, Competitive, and Low or No Emissions Programs (CFDA 20.526) provides $625,661.00 to the Gold Coast Transit District (GCTD) on August 30, 2024. The purpose of this award is to fund timely payments for the construction of GCTD's operations and maintenance facility. The funding will allow GCTD to continue paying for the construction of the maintenance and operations building without significantly impacting the agency's operations budget. As the sole recipient, GCTD does not intend to use any subrecipients for this award. The completed project will benefit GCTD and the riders who rely on its public transportation services in Ventura County, California.
Generated 3/4/25, 3:59 AM