(a) To be eligible for a project development grant under this part for a new fixed guideway, an extension to a fixed guideway, or a corridor-based bus rapid transit system, a project must:

1. (1) Be a Small Starts project as defined in § 611.105; and
2. (2) Be approved into project development by FTA.

(b) To be eligible for a construction grant under this part for a new fixed guideway, an extension to a fixed guideway, or a corridor-based bus rapid system, a project must:

1. (1) Be a Small Starts project as defined in § 611.105;
2. (2) Receive a “medium” or better rating on project justification pursuant to § 611.303;
3. (3) Receive a “medium” or better rating on local financial commitment pursuant to Sec. 611.305; and
4. (4) Meet the other requirements of 49 U.S.C. 5309.