Summary
THIS GRANT WILL OBLIGATE $219151892 OF TRUST FUNDS (TF) IN SECTION 5307 FUNDS FOR NEW YORK CITY TRANSIT ($109573892) LONG ISLAND RAIL ROAD ($64078000) AND METRO-NORTH ($45500000) PROJECTS. THIS GRANT WILL USE TRANSPORTATION DEVELOPMENT CREDITS FOR MATCH ($43830378). THE SECTION 5307 FUNDS WILL BE FROM FFY 2020 ALLOCATION FROM THE NEW YORK METROPOLITAN TRANSPORTATION COUNCIL (NYMTC). THE REGIONAL SUBALLOCATION RESOLUTION IS ATTACHED IN TRAMS. A TABLE IS ATTACHED IN TRAMS UNDER APPLICATION DOCUMENTS TO SHOW THE AMOUNTS USED BY FISCAL YEAR AND FUNDING PROGRAM (SEE FILE MTA FUNDING ALLOCATION _ USAGE AVAILABILITY_GRANT 1786-2021-15). THE MTA REQUESTS THAT THE FTA OBLIGATE THE REQUIRED FUNDS FOR THIS APPLICATION FROM THE AVAILABLE FUND BALANCES.THIS IS THE PROJECT LIST THAT EXISTS IN THE APPLICATION:P1LIRR REHABILITATION OF EMPLOYEE FACILITIES (ATLANTIC TERMINAL) L8060401 TFP2LIRR SUBSTATION REPLACEMENTS L8070101TFP3LIRR SMALL BUSINESS MENTORING PROGRAM - EMPLOYEE FACILITIES L8060405 TFP4NY