By Max Fisher, Director of Economics and Government Relations
In March, the U.S. Department of Transportation (U.S. DOT) awarded nearly $500 million in grant funding to 41 recipients for road, transit, maritime and rail projects through the Transportation Investment Generating Economic Recovery (TIGER) program. More than 64 percent of the funds were awarded to rural projects. TIGER grants are awarded on a competitive basis for projects that will have a significant impact on the nation, a metropolitan area, or a region.
Eligible applicants for TIGER grants are state, local and tribal governments, including U.S. territories, transit agencies, port authorities, metropolitan planning organizations, and other political subdivisions of State or local governments. Eligible projects for TIGER grants are capital projects that include, but are not limited to:
- road or bridge projects;
- public transportation projects;
- passenger and freight rail transportation projects;
- port infrastructure investments (including inland port infrastructure and land ports of entry); and
- intermodal projects.
For this latest round of TIGER grants, the maximum grant award was $25 million, the minimum awards for projects located in urban and rural areas, were $5 million and $1 million, respectively. TIGER grants could be used for up to 80 percent of the costs of projects located in an urban area and up to 100 percent of the costs of a project located in a rural area.
More information on TIGER grants and how to apply can be found at: https://www.transportation.gov/tiger