Pittsburgh Regional Transit’s (PRT) Board approved a resolution Friday authorizing the agency to submit a letter of interest to the Build America Bureau for the Transportation Infrastructure Finance and Investment Act program for the purchase of new rail vehicles.
The federal loan program allows transit agencies to borrow up to 49 percent of the cost for eligible projects.
The average age of a rail car in PRT’s existing fleet is 33 years, according to PRT.
“Although our current fleet of rail cars are in good condition for their age, it’s clear that modernization is necessary as we prepare for the future,” said PRT CEO Katharine Kelleman. “This is a long process, but submitting this letter of interest is the first step that will allow us to move this vision to reality.”
PRT estimates the total cost of new rail cars to be about $750 million, with the procurement process to take approximately 12 years. The agency said that the remainder of funds will come from bond issuances and that it has plans to pursue grant opportunities.
“A new fleet of rail cars will ensure that we can have a future light rail network that is reliable and dependable, ensuring a smoother and more dependable transit experience for decades to come,” Kelleman said. “It’s a lengthy journey but this is a crucial first step and I’m genuinely excited about the potential it holds for our transit system and the communities we serve.”
PRT has formed an internal committee to determine what features and amenities should be included in the new rail cars. Special attention is being paid to accessibility, safety, and amenities for riders.