New Starts Financial Capacity Assessments

High Street conducts financial capacity assessments on FTA Capital Investment Grant (New Starts, Small Starts, Core Capacity) projects including the evaluation and rating of the project against the grant program’s financial criteria. Through review of the applicant’s financial plan and models for the proposed project, system operating and capital budgets, annual financial reports, and other documents, High Street analyzes the ability of the applicant to deliver its non-federal share of funding, operate and maintain its core transit services, and complete project construction by the revenue operations date, including cash flow and timing of receipt of funds. Projects for which High Street has completed assessments include Orlando SunRail, Boston MBTA Green Line Extension, San Diego MidCoast Corridor, Fort Worth TEX Rail, Arlington Columbia Pike Street Car, Santa Ana OCTA Streetcar, Chicago CTA Red Purple Line Modernization, Durham and Orange Counties GoTriangle Light Rail Transit, and Indianapolis Bus Rapid Transit.