In October 2012, the Federal Transit Administration (FTA) announced it would provide $942.2 million for the project under its New Starts program after indicating it would approve the grant in January. This award included the recognition that better, more comfortable service for an already intensively-used transit corridor, particularly for low-income residents as in Chinatown, justifies the investment even if it does not attract a high percentage of "new" riders the way a new rapid transit investment might somewhere that is not already served by extremely slow, uncomfortable high-ridership local service.