The federal government's primary financial resource for supporting locally-planned, implemented, and operated transit "guideway" capital investments. The New Starts program provides funds for construction of new fixed guideway systems or extensions to existing fixed guideway systems. Eligible recipients include: public bodies and agencies (transit authorities and other state and local public bodies and agencies) including states, municipalities, other political subdivisions of states, public agencies and instrumentalities of one or more states, and certain public corporations, boards, and commissions established under law. The statutory match is a maximum of 80% federal and a minimum of 20% local. In general, New Starts funds should not be used for planning activities in support of alternatives analysis. The "Small Starts" category was recently added to this program. It funds projects with a total cost of less than $250 million and a federal share of less than $75 million.