The Recovery Act invested millions in new projects that are improving our infrastructue, repairing homes, and much more. But it also provided millions in direct benefits for families, students, businesses, investors, and more including more than $288 million in various forms of tax relief. Guidance on how to access each of those benefits is below.
The Texas Transportation Commission voted to award nearly $63 million in grants to support public transportation in every county of the state. In addition to these grants, the Commission also awarded 2.9 million transportation development credits (TDC). Transportation Development Credits, also known as toll credits, are federal government credits given to states when states use their own money for investment in toll projects.
New Brookings Institution Report Examines Best Methods for Providing Transit to Connect People to Jobs