“APTA applauds President Obama for launching the Build America Investment Initiative today that is designed to increase transportation investment by expanding public-private partnerships and putting the Department of Transportation’s credit programs to greater use.
This innovative financing initiative is another tool in the investment toolbox as the transportation industry works to address our significant infrastructure needs. APTA is committed to working with the Obama Administration in making sure that the public transportation industry is taking full advantage of every resource to expand public transportation services.
We also will continue to work with the Administration and Congress to enact a multi-year authorization bill that provides for adequate and long-term investment in transportation infrastructure.”
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The American Public Transportation Association (APTA) is a nonprofit international association of 1,500 public and private sector organizations, engaged in the areas of bus, paratransit, light rail, commuter rail, subways, waterborne services, and intercity and high-speed passenger rail. This includes: transit systems; planning, design, construction, and finance firms; product and service providers; academic institutions; transit associations and state departments of transportation. APTA is the only association in North America that represents all modes of public transportation. APTA members serve the public interest by providing safe, efficient and economical transit services and products. More than 90 percent of the people using public transportation in the United States and Canada ride APTA member systems.