Formula Grant TX2024014

Award Date 2/7/24
Completion Date 6/1/28
Dollars Obligated $3.6M
Federal Grant Program
20.507
Assistance Type
Formula Grant
Place of Performance
Texas, USA

The Lower Rio Grande Valley Development Council (LRGVDC) was awarded a $3,565,185 Formula Grant from the Federal Transit Administration (CFDA 20.507 - Federal Transit Formula Grants) to fund the land acquisition, furniture, and construction of the Valley Metro Regional Transit Terminal and Maintenance Facility. This 26.81-acre facility will include passenger waiting and boarding areas, parking, ticketing/information areas, bus bays, retail/commercial space, offices, and a maintenance garage. The project is expected to improve mobility, increase pedestrian access, encourage public transportation usage, and support economic development in the region. LRGVDC, acting as both the direct grant recipient and a sub-recipient, will use $713,037 in local matching funds approved by the Texas Department of Transportation to complete this project by the targeted completion date of June 1, 2028.

Generated 11/12/24, 5:09 AM