U.S. Transportation Secretary Anthony Foxx announced today that $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, 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. 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 TIGER program funds vital transportation projects that provide real benefits to communities all across the country. Every year, we see hundreds of compelling applications that have the potential to improve people's access to economic opportunities, make people safer, and improve their well-being.” said Secretary Foxx. “I am proud that for seven rounds, TIGER has been able to make a valuable contribution to improving our nation’s transportation infrastructure, and I look forward to this year’s competition.”
Like the first seven rounds, 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.
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. 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 highly competitive TIGER grant program supports innovative projects, including multi-modal and multi-jurisdictional projects, which are difficult to fund through traditional federal programs. These federal funds leverage money from private sector partners, states, local governments, metropolitan planning organizations, ports, and transit agencies. 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 review the Transportation Department's pdf here.
Source: Department of Transportation