M E T R O * P O O L* Incentive Programs

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Matching Subsidy for Public Transit and Vanpools

This program includes a one-for-two match of an employer's subsidy to an employee who elects to commute by public transit (train, bus) or vanpool.
The program uses TransitChek vouchers which are accepted by all public transit operators and vanpool providers in the area. These simplify the administration of the program, avoid payroll complications and ensure proper use of the subsidy.
Example: An employer agrees to provide ten employees with a $60.00 monthly subsidy. The employer orders a three month's supply of TransitChek vouchers from MetroPool Inc. worth $1,800. The employer pays only $1,200. The state will cover the remaining $600.
In the example above, all subsidy funds are tax-free to the employee and the $1,200 is a tax-deductible business expense to the employer, exempt from payroll related taxes and other costs. (note: the I.R.S. limit on the monthly tax-free subsidy changes annually with inflation; call MetroPool for current figures).

State Funded Subsidies for Vanpool Startups

To encourage vanpool startups, the state provides two kinds of subsidies (note: the vanpool must have a minimum of four riders and a driver; other eligibility requirements may also apply)...
Option A: Leasing Subsidy
A new vanpool may select a lease subsidy at startup. Monthly lease costs vary by van size and length of commute trip. Monthly lease costs will be subsidized for five months at a sliding scale rate of 50%, 40%, 30%, 20%, and 10% respectively.
Example: An employee of a qualified employer wants to start up a new seven passenger vanpool. The vanpool has four committed riders. Assuming a monthly lease cost of $900, the total subsidy would be $1,350 for the full five months.
Option B: Seat Subsidy
This option is intended to cover a number of empty seats a vanpool might have at startup, giving the vanpool an opportunity to build rideship over time.
The subsidy is equal to the value of up to five seats for a two month period; three seats for an additional two month period; and one seat for a final two month period.
Example: An employee of a qualified employer wants to start up a new twelve passenger van pool. The vanpool has five committed riders to start. The vanpool is eligible for a subsidy for a maximum of eighteen seats during the initial six month period. The individual seat value of $90 is based on the round-trip commute distance of 65 miles. The total subsidy would be $1,620 for this van.

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