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05-17-21 | News

U.S. Secretary of Transportation Announced the Availability of $1 Billion to Modernize Infrastructure

The U.S. Department of Transportation awarded $25 million through the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grants program

With deteriorating infrastructure, the Secretary of Transportation announced the availability of $1 billion to go towards infrastructure renovations across the country.

The Secretary of Transportation, Pete Buttigieg, announced that there is $1 billion available to modernize infrastructure. The Department of Transportation (DOT) released a Notice of Funding Opportunity (NOFO) to open applications for the $1 billion this fiscal year.

Over $8.935 billion since 2009 was awarded this program to projects in all 50 states, Puerto Rico, and the District of Columbia. Projects looking to gain RAISE funding will be evaluated based on numerous categories including safety, environmental sustainability, quality of life, state of good repair, to name a few. The department will also prioritize projects that demonstrate that they reduce climate change impacts, racial equity and generate good-paying jobs.

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"In communities across the country, there is a tremendous need for transportation projects that create high-quality jobs, improve safety, protect our environment, and generate equitable economic opportunity for all Americans," said U.S. Secretary of Transportation, Pete Buttigieg, "With RAISE grants, we are making those needed investments in our communities' future."

This round of grants will award a maximum of $25 million as well as no more than $100 million to any single state, up to $30 million will be awarded to planning grants, and $10 million to Areas of Persistent Poverty.

The program has 9700 applications with only 680 funded where regional and local governments can directly compete for multimodal transportation funding. The deadline to apply is July 12, 2021, at 5 p.m. Eastern Time.

https://www.asla.org/NewsListingDetails.aspx?id=59538

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