Formula Grant PR2024007

Award Date 3/22/24
Completion Date 3/30/29
Dollars Obligated $2.8M
Federal Grant Program
20.507
Assistance Type
Formula Grant
Place of Performance
Puerto Rico
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This Federal Transit Formula Grant award, provided by the U.S. Department of Transportation's Federal Transit Administration (CFDA 20.507 Federal Transit Formula Grants), will provide $1,336,558 to the Caguas Municipality in Puerto Rico. The funding will support the acquisition of GPS tablets, keyboards, and security cameras, as well as the study and design of cycle routes, to assist the municipality with its fixed-route transit operations. These investments are intended to provide an additional...
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The U.S. Department of Transportation's Federal Transit Administration awarded a $2,800,000 Formula Grant (CFDA 20.507 - Federal Transit Formula Grants) to the Caguas Municipality in Puerto Rico. The purpose of this grant is to provide funding for the renovation and development of the Francisco Pereira Transportation Terminal in order to increase ridership and establish the terminal as a regional transportation hub. Grant funds will cover all eligible construction activities related to the terminal renovations. The expected outcome is to convert the terminal into an attractive commercial venture that will generate revenue to support the implementation of the Transcriollo public transportation program in Caguas. The municipality plans to use the generated revenue to help meet the matching fund requirements for the terminal's operating assistance. This Formula Grant award will benefit the residents of Caguas and transit riders who rely on the municipality's public transportation services.

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