CO-2025-015
Project Grant
Overview
Grant Description
Application purpose: The purpose of this award is to use FFY24 5339(B) bus and bus facilities competitive funds for the construction of Phase 2 of the COLT North Transit Center.
Activities performed: Phase 2 consists of the final design engineering and construction of a permanent transit building at the current transit center site.
Expected outcomes: This facility will be the first major infrastructure in the Loveland transit system providing improved safety, direct access to customer service, help to mitigate traffic congestion for our heavily trafficked corridors, and provide a shelter for customers, all of which will draw new users.
Intended beneficiaries: Passengers and bus operators of both City of Loveland Transit (COLT) and Transfort regional routes, as well as the general public choosing to use public transit.
Subrecipient activities: There are no sub-recipient activities associated with this award.
Activities performed: Phase 2 consists of the final design engineering and construction of a permanent transit building at the current transit center site.
Expected outcomes: This facility will be the first major infrastructure in the Loveland transit system providing improved safety, direct access to customer service, help to mitigate traffic congestion for our heavily trafficked corridors, and provide a shelter for customers, all of which will draw new users.
Intended beneficiaries: Passengers and bus operators of both City of Loveland Transit (COLT) and Transfort regional routes, as well as the general public choosing to use public transit.
Subrecipient activities: There are no sub-recipient activities associated with this award.
Awardee
Funding Goals
THE BUSES AND BUS FACILITIES PROGRAM PROVIDES FUNDING FOR CAPITAL PROJECTS TO REPLACE REHABILITATE PURCHASE OR LEASE BUSES AND RELATED EQUIPMENT OR TO REHABILITATE PURCHASE CONSTRUCT OR LEASE BUS-RELATED FACILITIES.
Grant Program (CFDA)
Awarding Agency
Funding Agency
Place of Performance
Colorado
United States
Geographic Scope
State-Wide
City Of Loveland was awarded
Colt North Transit Center Phase 2: Enhancing Safety and Accessibility
Project Grant CO-2025-015
worth $3,967,007
from the FTA Office of Budget and Policy in May 2025 with work to be completed primarily in Colorado United States.
The grant
has a duration of 2 years and
was awarded through assistance program 20.526 Buses and Bus Facilities Formula, Competitive, and Low or No Emissions Programs.
$1,021,752 (20.0%) of this Project Grant was funded by non-federal sources.
The Project Grant was awarded through grant opportunity FY2024 Competitive Funding Opportunity: Buses and Bus Facilities Program.
Status
(Ongoing)
Last Modified 5/27/25
Period of Performance
5/23/25
Start Date
5/31/27
End Date
Funding Split
$4.0M
Federal Obligation
$1.0M
Non-Federal Obligation
$5.0M
Total Obligated
Activity Timeline
Additional Detail
Award ID FAIN
CO-2025-015
SAI Number
CO-2025-015-00-20.526
Award ID URI
SAI EXEMPT
Awardee Classifications
City Or Township Government
Awarding Office
6982SY REGION 8 DOT FTA
Funding Office
693JJ8 OFFICE OF BUDGET AND POLICY(TBP)
Awardee UEI
EJKMMHAX3VU6
Awardee CAGE
4BP45
Performance District
CO-90
Senators
Michael Bennet
John Hickenlooper
John Hickenlooper
Modified: 5/27/25