There are two big announcements out of the U.S. Department of Transportation this week. More than $2.2 billion has been awarded in RAISE grants to 162 projects across the country, and the application process is open for up to $5.6 billion in projects of national and regional significance. RAISE Grants RAISE (formerly BUILD, formerly TIGER) is the multimodal program that includes road, rail, transit, port, and bike/pedestrian projects sponsored by state and local agencies. Click here for the Fiscal Year 2023 grant announcement. Click here for the list of projects. MPDG Program This week the DOT also opened the grant application process for up to $5.575 billion for projects of national and regional significance. Like last year, DOT is combining three different programs into one single notice of funding opportunity. Available funding includes:
$1.8 billion for the National Infrastructure Project Assistance (Mega) program: The Mega program supports large, complex projects that are difficult to fund by other means and are likely to generate national or regional economic, mobility, or safety benefits. Eligible projects could include highway, bridge, freight, port, passenger rail, and public transportation projects of national or regional significance. Per the law, 50 percent of funds are available for projects above $500 million in total cost, and 50 percent are available for projects between $100 million and $500 million in total cost.
$3.1 billion for the Infrastructure for Rebuilding America (INFRA) program: The INFRA program awards competitive grants to multimodal freight and highway projects of national or regional significance to improve the safety, accessibility, efficiency, and reliability of the movement of freight and people in and across rural and urban areas.
$675 million for the Rural Surface Transportation Grant (Rural) program: The Rural program supports projects that improve and expand surface transportation infrastructure in rural areas in order to increase connectivity, improve the safety and reliability of the movement of people and freight, and generate regional economic growth and improve quality of life. Eligible projects for Rural grants include highway, bridge, and tunnel projects that help improve freight, safety, and provide or increase access to agricultural, commercial, energy, or transportation facilities that support the economy of a rural area. 90% of rural funding must be awarded in $25 million or greater amounts.
Click here for the official notice, application instructions, FAQs, and other information.