TransLease Program
TransLease Program. This program is designed to supplement existing FTA projects with additional vehicles that can be leased and are eligible expenses under numerous Federal and State programs. Applicants are selected for one or more vehicles. Lease payments are based on a forty-eight month payment cycle, which reimburses the Translease Fund the cost of the vehicle. The vehicle title is then released to the lessee.
Type of Assistance: Agencies are provided vans utilizing an interest free loan that is repaid with installments amortized over the useful life of the vehicle.
Eligibility: Agencies and organizations that meet eligibility requirements for other FTA programs.
Amounts Available: $350,000 revolving account
Match Requirement: Not Applicable
Application Period: As of April 18, 2022, the TransLease program is currently on hold and will not be accepting any new applications/orders at this time. We regret any inconvenience this may cause; however, due to the lack of production and vehicle shortages, dealerships are unable to fulfill orders for state contract vehicles. ARDOT will reassess the situation late summer/early fall 2022 after determining vehicle availability. We appreciate your patience in these unprecedented times.
Application:
Contact Information
Urban Agencies: Ms. April Washington
Program Specialist
Email: April.Washington@ardot.gov
Phone: (501) 569-2952Rural Agencies: Ms. Kellie Simpson
Program Specialist
Email: Kellie.Simpson@ardot.gov
Phone: (501) 569-2471
State Transit Trust Fund
This Program distributes State funds from the rental tax on short-term rentals of vehicles. Funds are distributed to nonurban, urbanized, and human service organizations for operating and capital assistance. The Department of Transportation is a pass-through agency for these funds and receives approximately $4.6 million per year.
Contact Information
Greg Nation
Public Transportation Administrator
Email: Greg.Nation@ardot.gov
Phone: (501) 569-2474