MBTA gets nearly $860M in federal coronavirus relief funds

BOSTON (AP) — The Massachusetts Bay Transportation Authority is getting nearly $860 million in federal coronavirus relief funds to help maintain services and jobs as the pandemic drags on.

Federal transportation officials said Wednesday that the funding for the Boston area public transit system is part of more than $30 billion for public transportation included in the American Rescue Plan Act signed into law in March.

A spokesperson says the T will use the ARP funds, along with previous relief funds, to balance its operating budgets into the beginning of the 2024 fiscal year and to plug massive revenue shortfalls due to significantly lower ridership and fare collections.

The Associated Press

About Grady Culhane

Grady Culhane is a Cape Cod native from Eastham. He studied media communications at Cape Cod Community College and joined the CapeCod.com News Center in 2019.



CapeCod.com
737 West Main Street
Hyannis, MA 02601
Contact Us | Advertise Terms of Use 
Employment and EEO | Privacy