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Department of Transportation Opens $5.75 Billion in Infrastructure Grants

Department of Transportation Opens $5.75 Billion in Infrastructure Grants

U.S. Transportation Secretary Pete Buttigieg recently announced that the Department of Transportation is now taking applications for up to $5.575 billion in funding from the 2021 Bipartisan Infrastructure Law for projects of regional or national significance. The funding will support three major discretionary grant programs that involve surface transportation projects designed to strengthen supply chains, spur economic development, and improve safety and quality of life. Applications for funding are being solicited together under a single opportunity titled the Multimodal Project Discretionary Grant program. 

“From fixing rural roads that would otherwise have trouble getting federal funding, to addressing some of the largest and most recognizable bridges and tunnels in the country, the funds in these three programs are supporting transformational infrastructure projects across the nation,” said U.S. Transportation Secretary Pete Buttigieg. “Using a combined process to reduce paperwork, we are pleased to open this new round of funding for applications and look forward to hearing from project sponsors around the country seeking funds to help strengthen their communities through infrastructure.”
 
Available funding includes: $1.8 billion for the National Infrastructure Project Assistance (Mega) program; $3.1  billion for the Infrastructure for Rebuilding America (INFRA) program; and $675 million for the Rural Surface Transportation Grant (Rural) program. The Bipartisan Infrastructure Law makes available up to $5 billion for the Mega; up to $8 billion to the INFRA program; and up to $2 billion for the Rural program, for a combined total of up to $15 billion for FY 2022 through 2026.
 
For more information, visit here.
 

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