Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

View Current Digital Issue »

Rail News Home Federal Legislation & Regulation


Rail News: Federal Legislation & Regulation

FTA provides new guidance on joint development projects


The Federal Transit Administration (FTA) has issued new guidance on the use of funds for FTA-funded real estate for joint developments.

The circular explains how a joint development project can qualify for FTA assistance; describes legal requirements that apply to the acquisition, use and disposition of property acquired with the agency's assistance; outlines common crosscutting requirements that apply to FTA-assisted projects and developments; and describes the agency's process for reviewing a joint development project proposal.

A Federal Register notice was published on Monday to address comments the FTA received earlier on the new guidance. On Oct. 1, the circular will cancel a 2007 notice of final agency guidance on the eligibility of joint development improvements under federal transit law.

Contact Progressive Railroading editorial staff.

More News from 8/27/2014