America Fast Forward Transportation Bonds – General Information

The America Fast Forward initiative is a four part initiative launched by Metro and advanced nationwide:

  1. Strengthening the Transportation Infrastructure Finance and Innovation Act (TIFIA) program – this was achieved in the America Fast Forward title of MAP-21;
  2. Creating a sixth class of qualified tax credit bonds for transportation projects – America Fast Forward Transportation Bonds – in the works;
  3. Reforming federal rules to permit local hiring for transportation projects using federal funds – achieved on March 3, 2015 with USDOT announcement of a one year local hire pilot program; and
  4. Bolstering funding for the federal New Starts program for new transit capital projects – in the works