02/02/2023 | Press release | Distributed by Public on 02/02/2023 07:44
WASHINGTON - Congressman Steve Cohen (TN-09), a senior member of the Transportation and Infrastructure Committee, today announced that the Memphis-based tri-state region will receive $14,744,843 in transit funding for Fiscal Year 2023 attributable to the Infrastructure Investment and Jobs Act (IIJA) which he supported and became law in November 2021. This funding will be distributed to states and communities in the coming weeks, and additional amounts will be awarded on a competitive basis throughout the year.
Tennessee's share of the transit funding is $12,419,931. Arkansas will receive $557,355 and Mississippi will receive $1,767,557.
Congressman Cohen also announced that Tennessee will receive $126,205,737 from the Federal Transit Administration and the Highway Trust Fund. Part of that funding is included in the multi-state transit funding.
Congressman Cohen made the following statement:
"Over the past few years, investments in the Memphis Area Transit Authority's infrastructure, including the novel Bus Rapid Transit route of dedicated lanes connecting the University of Memphis and the medical center to downtown, has transformed our city's approach to mass transit. These new investments will expand upon an already impressive modernization, improving commuting times and changing lives for the better."
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