Formula Grant OR2025037
- The Department of Transportation Federal Transit Administration awarded Tri-County Metropolitan Transportation District of Oregon (Tri-Met) a $48,679,370 Project Grant under the Federal Transit Formula Grants (CFDA 20.507) program. The grant funds will allow Tri-Met to make annual debt service payments, including principal, interest, premiums and discounts, on capital grant receipt revenue bonds issued between 2005 and 2018. The bond proceeds funded various transit projects undertaken by...
- The Tri-County Metropolitan Transportation District of Oregon (TriMet) was awarded a $23.8 million Project Grant from the Federal Transit Administration's Federal Transit Formula Grants program (CFDA 20.507) to make annual debt service payments on capital grant receipt revenue bonds issued between 2005-2018. The bonds funded various transit projects implemented by TriMet as part of the Regional Funding Plan, including the Division Transit Project. Timely debt service payments are intended to...
- The Department of Transportation Federal Transit Administration awarded Tri-County Metropolitan Transportation District of Oregon (Tri-Met) a $195.4 million Project Grant under the Federal Transit Formula Grants (CFDA 20.507) program. The grant funding will support operations and preventive maintenance activities for Tri-Met through February 28, 2022. The Federal Transit Formula Grants program makes federal resources available to local and regional authorities for transit capital and operating...
- This $3,708,384 Formula Grant awarded by the Federal Transit Administration (FTA) under the Federal Transit Formula Grants program (CFDA 20.507) will fund TriMet's bus preventive maintenance program in the Portland, Oregon metropolitan area. The grant supports TriMet staff and contractors in maintaining transit vehicles and facilities in a state of good repair, enabling continued reliable bus services and sustained vehicle safety and security. The grant activities are expected to reduce...
- The Federal Transit Administration (FTA) awarded a $3,278,945 Formula Grant (CFDA 20.507 - Federal Transit Formula Grants) on July 18, 2025 to the Tri-County Metropolitan Transportation District of Oregon (TriMet) to replace 19 Category D 22-foot paratransit vehicles that have exceeded their useful life. The grant funds will be used to purchase the replacement vehicles, which are part of a larger 30-vehicle procurement contract. This investment aims to maintain TriMet's ability to provide...
- The Tri-County Metropolitan Transportation District of Oregon (TriMet) was awarded a $3.68 million project grant from the Department of Transportation's Federal Transit Administration under the Federal Transit Formula Grants (CFDA 20.507) program. The grant funds will support TriMet's rail preventive maintenance program through September 2022. The Urbanized Area Formula Funding program (49 U.S.C. 5307) makes federal funding available to local transit authorities for capital investments and...
- This $2,230,001 federal Formula Grant award from the Federal Transit Administration (CFDA 20.507 - Federal Transit Formula Grants) will enable the Tri-County Metropolitan Transportation District of Oregon (TriMet) to purchase and install approximately 12 DC Level 3 bus charging equipment at its Powell Garage. The grant funds will support TriMet's deployment of no-emission battery electric buses, which will reduce energy consumption and greenhouse gas emissions associated with its fleet. This...
- The Federal Transit Formula Grants program (CFDA 20.507), administered by the Federal Transit Administration (FTA), has awarded $67,733,279.00 to the Tri-County Metropolitan Transportation District of Oregon (TriMet) to fund bus preventive maintenance activities. TriMet will use the funds to pay for costs related to its bus preventive maintenance programs, including managing and maintaining facility assets, providing a safe and productive work environment, and conducting repair activities within...
- The Department of Transportation Federal Transit Administration awarded Tri-County Metropolitan Transportation District of Oregon (TriMet) $1,028,090 under the Federal Transit Formula Grants (CFDA 20.507) program on September 7, 2022 to develop transportation plans through July 30, 2025. TriMet will use the funding to engage communities and jurisdictional partners to create revised long-range comprehensive plans that improve quality, travel time, and service levels for the Portland region. Plans...
- The Federal Transit Administration (FTA) has awarded a $4,256,809 Formula Grant (CFDA 20.507 - Federal Transit Formula Grants) to the Tri-County Metropolitan Transportation District of Oregon (TriMet) for their bus preventive maintenance program. The grant funds will be used to ensure that TriMet's vehicles and facilities are maintained in a cost-effective manner to preserve and extend the functionality and serviceability of their assets. This is expected to result in continued reliable bus...
This $24,272,818 federal Formula Grant awarded by the Federal Transit Administration (FTA) under CFDA 20.507 (Federal Transit Formula Grants) supports annual debt service payments for TriMet, the Tri-County Metropolitan Transportation District of Oregon, on capital grant receipt revenue bonds that were issued to fund various transit-related projects. The bond-funded projects include the Division Transit, Portland-Milwaukie Light Rail (Orange Line), Portland-Lake Oswego Transit, and Southwest Corridor projects, as well as the acquisition of buses and the Powell Garage. This grant funding will enable TriMet to make timely debt service payments, which is a key factor in maintaining a high credit rating and obtaining favorable terms for future bond issuances to finance additional capital improvements for its transit system. The expected outcomes include improved access, reliability, and positive impacts on congestion and air quality for TriMet's transit services.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $21.8m | 8/15/25 |