The Federal Transit Administration (FTA) has announced that it has awarded 695 American Recovery and Reinvestment Act grants totaling $7.2 billion, or 86.4 percent of available funds. Another 224 grants valued at $1.06 billion (12.8 percent) are undergoing review and pending award.

Including flex funds transferred to FTA from the Federal Highway Administration, the potential total number of grants is 963, with a value of $8.27 billion. Less than 1 percent of funds remain to be awarded.

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