This federal Formula Grant award, funded through the Federal Transit Formula Grants program (CFDA 20.507) administered by the Federal Transit Administration (FTA), provides $8,388,088 in total funding ($4,194,044 federal, $4,194,044 local match) to the Ames Transit Agency (CyRide) in Ames, Iowa. The purpose of this grant is to support CyRide's operating expenses, primarily employee payroll, from October 1, 2024 through September 30, 2025. The grant funding will help reduce the need for additional subsidized funding from CyRide's transit board, which includes the City of Ames, Iowa State University, and the ISU student body. As the public transit provider for the Ames area, CyRide plans to utilize this Formula Grant funding to maintain and deliver sustainable bus transportation services for Ames residents and Iowa State University students.
Generated 2/25/25, 3:08 AM