(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) Be a Small Starts project as defined in Sec. . 611.105; and
(2) Be approved into project development by FTA pursuant to Sec. 611.309.
(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) Be a Small Starts project as defined in Sec. 611.105;
(2) Receive a ``medium'' or better rating on project justification pursuant to Sec. 611.303;
(3) Receive a ``medium'' or better rating on local financial commitment pursuant to Sec. 611.305; and
(4) Meet the other requirements of 49 U.S.C. 5309.