Ozark Transit Authority Opts Out Of Federal Money Due To Tight Budget

March 22, 2022

Transportation

Ozark Transit Authority Opts Out Of Federal Money Due To Tight Budget

Ozark Regional Transit Authority

The US Department of Transportation and Federal Transit Administration (FTA) is providing $1.47b for more eco-friendly US bus fleets and facilities, but Northwest Arkansas’s Ozark Regional Transit Authority (ORT) won’t apply for the funds. 

  • Matching costs: To apply for the federal funds, transit services must have 10%-20% of the project cost. Because ORT has been providing free transit, among other reasons, it is running a tight ship, and therefore does not have the matching funds at this time.
  • Plan for improvement: The $1.47b is a competitive grant opportunity that is part of the FTA’s Low or No Emission Grant Program. It will help transit agencies acquire low or no emission vehicles, equipment, and facilities with advanced technologies.

Read the full story HERE

Subscribe to receive our daily newsletter

Know all the happenings in NWA with a 5-minute read of our free email newsletter every weekday.