On May 8, 2018, FTA announced announced approximately $58.2 million in project selections to improve the safety and reliability of America’s passenger ferries and enhance mobility for ferry users across the United States. A total of 20 projects in 12 states will receive funding from FTA’s Passenger Ferry Grant Program.
The Passenger Ferry Grant program (49 U.S.C. 5307(h)) provides competitive funding for projects that support passenger ferry systems in urbanized areas. These funds constitute a core investment in the enhancement and revitalization of public ferry systems in the nation’s urbanized areas. Funds are awarded based on factors such as the age and condition of existing ferry boats, terminals and related infrastructure; benefits to riders, such as increased reliability; project readiness; and connectivity to other modes of transportation
Funding is made available to designated recipients, eligible direct recipients of Section 5307 funds, States and federally recognized Tribes that operate a public ferry system in an urbanized area.
Eligible activities include: support existing ferry service, establish new ferry service, and repair and modernize ferry boasts, terminals, and related facilities and equipment. Funds may not be used for operating expenses, planning, or preventive maintenance.
49 U.S.C. 5307 / FAST Act
Once awards are announced, funds are available for the year the announcement is made plus five years.
Allocation of Funding
Funding is allocated to projects on a competitive basis, from proposals submitted to FTA in response to Notices of Funding Opportunities.
The federal share is not to exceed 80 percent of the net project cost for capital expenditures. The federal share may be 90 percent for the cost of vehicle-related equipment attributable to compliance with the Americans with Disabilities Act and the Clean Air Act.