U.S. DOT makes $1B in infrastructure grants available in new RAISE program

U.S. DOT makes $1B in infrastructure grants available in new RAISE program tbruns Wed, 04/14/2021 - 16:03 The U.S. Department of Transportation (U.S. DOT) this week announced the availability of $1 billion in discretionary grant funding through the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grants. RAISE, formerly known as BUILD and TIGER, has awarded over $8.935 billion in grants to projects in all 50 states, the District of Columbia, and Puerto Rico since 2009. “In communities across the country, there is tremendous need for transportation projects that create high-quality jobs, improve safety, protect our environment, and generate equitable economic opportunity for all Americans,” U.S. Secretary of Transportation Pete Buttigieg said in a statement. “With RAISE grants, we are making those needed investments in our communities' future.” Projects for RAISE funding will be evaluated based on merit criteria that include safety, environmental sustainability, quality of life, economic competitiveness, state of good repair, innovation, and partnership. Within these criteria, the U.S. DOT will prioritize projects that can demonstrate improvements to racial equity, reduce impacts of climate change, and create good-paying jobs. For this round of RAISE grants, the maximum grant award is $25 million, and no more than $100 million can be awarded to a single state, as specified in the appropriations act. Up to $30 million will be awarded to planning grants, including at least $10 million to Areas of Persistent Poverty. The program is highly competitive with 680 projects funded out of over 9,700 applications. It is one of the few U.S. DOT discretionary programs for which regional and local governments can directly compete for multimodal transportation funding. ---------- SOURCE: U.S. DOT
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