DOT announces $500M in TIGER transportation funding
Posted February 26, 2016
U.S. Department of Transportation (DOT) Secretary Anthony Foxx announced $500 million will be made available for transportation projects across the country under an eighth round of the Transportation Investment Generating Economic Recovery (TIGER) competitive grant program.
Like the first seven rounds, the agency says the FY 2016 TIGER discretionary grants will fund capital investments in surface transportation infrastructure and will be awarded on a competitive basis for projects that will have a significant impact on the nation, a metropolitan area, or a region.
According to the DOT, the 2016 TIGER grant program will continue to make transformative surface transportation investments by providing improvements over existing conditions. The agency says the grant program will focus on capital projects that generate economic development and improve access to reliable, safe, and affordable transportation for communities, both urban and rural.
The Consolidated Appropriations Act, 2016, does not provide dedicated funding for the planning, preparation, or design of capital projects; however, these activities may be funded as part of an overall construction project.
The DOT reports that since 2009, TIGER has provided nearly $4.6 billion to 381 projects in all 50 states, the District of Columbia and Puerto Rico, including 134 projects to support rural and tribal communities. The agency says the demand has been overwhelming, and during the previous seven rounds, the Department received more than 6,700 applications requesting more than $134 billion for transportation projects across the country.
The TIGER grant program supports innovative projects, including multi-modal and multi-jurisdictional projects, which are difficult to fund through traditional federal programs, according to the DOT. These federal funds leverage money from private sector partners, states, local governments, metropolitan planning organizations, ports, and transit agencies. The agency says the 2015 TIGER round alone is leveraging $500 million in federal investment to support $1.4 billion in overall transportation investments.
TIGER funding is provided in the Consolidated Appropriations Act, 2016, signed by President Obama on December 18, 2015. Applications are due April 29, 2016. For more information on how to apply, please visit the DOT website.
J. J. Keller® FleetMentor® is the online toolbox and advisor that will help you cover all areas of the CSA BASICs.
J. J. Keller's FREE Transportation SafetyClicks™ email newsletter brings quick-read safety and compliance news right to your email box.