Opportunity Information: Apply for FTA 2024 009 TPM RURALFERRY
The FY 2024 Competitive Funding Opportunity: Ferry Service for Rural Communities Program (FSRC) is a discretionary grant competition run by the U.S. Department of Transportation's Federal Transit Administration (FTA). It is listed under Federal Assistance Listing (CFDA) 20.532 and is designed to strengthen ferry transportation options that serve rural communities. The program makes a total of $216,000,000 available through competitive awards, meaning projects are not funded automatically by formula; applicants must submit proposals and are selected based on how well they meet the program goals and evaluation criteria described in the official notice.
FSRC funding can be used to support three broad types of assistance tied to eligible ferry services: capital, planning, and operating support. Capital assistance typically relates to physical investments and equipment needed to provide or improve ferry service, such as vessels, terminals, docks, passenger facilities, maintenance-related items, and other long-lived assets. Planning assistance generally supports the development of studies, plans, and analyses that help agencies design, expand, or modernize ferry service in a way that is financially and operationally sound. Operating assistance can help with the day-to-day costs of providing ferry service, which may be especially important for rural routes where fare revenue and local tax bases may not fully cover ongoing operations.
Eligibility is limited primarily to state governments and U.S. territories where an eligible ferry service is operated. In other words, the applicant must be a state or territorial entity connected to the operation of the qualifying rural ferry service. The listing also indicates "Others" as eligible applicants, but the core eligibility statement emphasizes states and territories, so any non-state entity considering applying would typically need to do so in coordination with, or through, the appropriate state or territorial government consistent with FTA requirements.
The opportunity is identified by Funding Opportunity Number FTA 2024 009 TPM RURALFERRY and is categorized as a discretionary transportation grant. The original application deadline (closing date) was June 17, 2024, and the notice anticipates making around six awards. With a high total funding amount and a relatively small expected number of awards, this suggests that selected projects may be substantial in scope, potentially supporting major capital improvements, significant service expansions, or multi-faceted investments that combine planning and implementation needs.
At a practical level, this opportunity is aimed at ensuring rural communities that depend on ferry links for commuting, access to services, freight movement, and regional connectivity can maintain reliable service and make strategic upgrades. Competitive rural ferry funding like this often prioritizes clear public benefits, readiness to deliver, demonstrated need, and projects that meaningfully improve safety, state of good repair, reliability, access, or overall transportation options for rural residents and visitors.Apply for FTA 2024 009 TPM RURALFERRY
- The DOT/Federal Transit Administration in the transportation sector is offering a public funding opportunity titled "FY 2024 Competitive Funding Opportunity: Ferry Service for Rural Communities Program" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 20.532.
- This funding opportunity was created on 2024-04-17.
- Applicants must submit their applications by 2024-06-17. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- Each selected applicant is eligible to receive up to $216,000,000.00 in funding.
- The number of recipients for this funding is limited to 6 candidate(s).
- Eligible applicants include: State governments, Others.
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