The Federal Transit Administration (FTA) is offering $51 million in competitive grants under the Fiscal Year 2024 Passenger Ferry Grant Program (PFG). Of this, $5 million is specifically set aside for low or zero-emission ferries or ferries using electric battery or fuel cell components and related infrastructure. Eligible applicants include state governments, tribal governments, and other eligible direct recipients of FTA's Urbanized Area Formula Program. The funding can be used for capital projects to improve, establish, repair, or modernize passenger ferry service and related infrastructure. Applications will be evaluated based on demonstration of need, project benefits, planning and prioritization, financial commitment, and implementation strategy. The deadline to apply is June 17, 2024 at 11:59 pm ET.
The total funding available across the Passenger Ferry Grant Program, Electric or Low-Emitting Ferry Pilot Program, and Ferry Service for Rural Communities Program is $316 million. The maximum federal share for capital projects is generally 80%, with exceptions for acquiring clean-fuel vehicles or facilities. FTA may prioritize projects that support workforce development, job quality, wealth creation, climate change, and equity.
Generated 4/19/24, 6:14 AM