STUDIES & REPORTS

FY23 Transit Ridership Incentive Program (TRIP) Overview

Description

The 2020 General Assembly established the Transit Ridership Incentive Program (TRIP) in Virginia Code § 33.2-1526.3 with two distinct goals: to improve regional connectivity of urban areas with a population in excess of 100,000 and to reduce barriers to transit use for low-income riders. This report provides an annual update on the program.

Full Report

Radford Transit

Process

TRIP has undergone several changes since its creation in 2020, mostly because of the COVID-19 pandemic’s effects on transit as well as evolving transit priorities. DRPT implemented the program in FY22 with the first round of transit projects receiving TRIP funding.

Outcome

So far, DRPT has allocated $60.4 million in TRIP funding to a total of 19 projects — most of which operate over multiple years — that support zero-fare or reduced-fare programming or regional connectivity.