Summary

The Federal Transit Administration (FTA) awarded the City of Corona a formula grant totaling $2,854,038 under the Federal Transit Formula Grants program (CFDA 20.507) on February 23, 2026. This funding provides operating and capital cost assistance for the City of Corona Transit System during the fiscal year period from July 1, 2025 through June 30, 2026. The grant funds the continuation of public fixed-route and demand-response transportation services operated by third-party contractor MV Transportation, which holds a nine-year contract that commenced in September 2018. The award allocates $914,189 for capital cost contracting (representing 80% federal funding of eligible costs) and $855,651 for operating assistance, supporting the estimated $2,994,922 eighth-year contract costs for service operations and maintenance.

The Federal Transit Formula Grants program provides formula-based funding to local and regional government authorities for transit capital and operating assistance in urbanized areas. By leveraging this funding mechanism, the City of Corona continues to maintain its public transportation infrastructure and service delivery capacity, ensuring ongoing shared-ride transportation services remain accessible to the general public in accordance with program eligibility requirements.