DOT Announces $500 Million TIGER Funding Opportunity

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Posted: Monday, September 11, 2017 8:36 pm | Updated: 11:08 am, Wed Sep 13, 2017.

WASHINGTON, D.C. -- The U.S. Department of Transportation announced the opportunity for state and local stakeholders to apply for $500 million in discretionary grant funding through the Transportation Investment Generating Economic Recovery program.

"The TIGER grant program is a highly competitive program whose winners will be awarded with the funding they need to rebuild the infrastructure of their communities," said Secretary Elaine L. Chao. "TIGER grants will continue to fund innovative projects that will improve the safety of America’s passengers and goods."

The Consolidated Appropriations Act, 2017 appropriated $500 million, available through September 30, 2020, for National Infrastructure Investments otherwise known as TIGER grants. As with previous rounds of TIGER, funds for the fiscal year 2017 TIGER grants program are to be awarded on a competitive basis for projects that will have a significant impact on the Nation, a metropolitan area, or a region. The FY 2017 Appropriations Act specifies that TIGER Discretionary Grants may not be less than $5 million and not greater than $25 million, except that for projects located in rural areas the minimum TIGER Discretionary Grant size is $1 million.

The selection criteria remain fundamentally the same as previous rounds of the TIGER grants program, but the description of each criterion was updated. Additionally, the FY 2017 TIGER program will give special consideration to projects which emphasize improved access to reliable, safe and affordable transportation for communities in rural areas, such as projects that improve infrastructure condition, address public health and safety, promote regional connectivity, or facilitate economic growth or competitiveness.

Since the TIGER grant program was first created, $5.1 billion has been awarded for capital investments in surface transportation infrastructure over eight rounds of competitive grants. Throughout the TIGER program, these grants have supported projects that have a significant impact on the Nation, a metropolitan area or a region. TIGER grants have historically achieved, on average, co-investment of 3.6 dollars for every TIGER dollar invested.

SOURCE: U.S. Department of Transportation

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