HARRISBURG – State Senator Gene Yaw (R-23) today announced that the City of Williamsport’s River Valley Transit System is the recipient of a $3 million Multimodal Transportation Funding (MTF) grant.
The MTF program, made possible by Act 89, which increased transit funding and established dedicated multimodal funding for aviation, passenger rail, rail freight, port and bicycle-pedestrian and other transportation projects, will provide funding for the City to construct the Trade & Transit Centre II, a new intermodal facility for River Valley Transit.
Statewide, PennDOT invested $7.2 million in Act 89 transit funding for five projects that applied for MTF funding. Selections were based on such criteria as safety benefits, regional economic conditions, the technical and financial feasibility, job creation, energy efficiency and operational sustainability.
“The Multimodal Fund is another example of how transportation dollars can be returned to rural Pennsylvania as the result of Act 89, which significantly increased Pennsylvania’s transportation resources,” Yaw said. “This funding would not be possible if it were not for the strong support of individuals who saw the importance and the need to address a core function of government – the safe and efficient movement of people, goods and services across our state and region.”
Financial assistance under the MTF must be matched by local funding in the amount not less than 30 percent of the non-federal share of the project cost.